DGFT revises the Policy conditions for Zinc, Dross, Light Naphtha, Heavy Naphtha, Full Range Naphtha and Aviation Gasoline

Mar 19, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on March 18, 2020, revises the Policy and Policy conditions for Zinc Dross, Light Naphtha, Heavy Naphtha, Full Range Naphtha and Aviation Gasoline.

Exim Code

Item Description

Present Policy

Present Policy Condition

Revised Policy

Revised Policy Condition

26201910

Zinc Dross

Restricted

 

Free

Import is permitted to the actual user or to the trader on behalf of the actual users authorized by SPCB on one time basis and subject to verification of documents by the Custom Authority as specified in Schedule VIII of the Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016.

27101221

Light Naphtha

State Trading Enterprises

Import as per Policy Condition (5) of Chapter 27

Free

 

27101222

Heavy Naphtha

State Trading Enterprises

Import as per Policy Condition (5) of Chapter 27

Free

 

27101299

Full Range Naphtha

State Trading Enterprises

Import as per Policy Condition (5) of Chapter 27

Free

 

27101250

Aviation Gasoline conforming to Standard IS 1604

State Trading Enterprises

Import as per Policy Condition (5) of Chapter 27

State Trading Enterprises. However, import by flying clubs is ‘Free’.

For STEs: Import as per Policy Condition (5) of the Chapter.

For Flying Clubs: Policy Condition (5) will not be applicable. Import would be subject to actual user condition and they will be responsible for ‘safety’ norms of the item for the industry.

[Notification No. 51/2015-1010]


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