Duty free import of fuel shall be allowed
as per the quantity indicated in the relevant Standard Input Output Norms
(SION). However, in cases where fuel has not been specifically included
in the SION, duty free imports of fuel shall also be allowed under Actual
User Advance Licence subject to the condition given in the EXIM Policy/
Handbook of Procedures as per the percentage rate indicated against each
product as under:
| Sl. No. |
Product Group
|
Value of fuel to be permitted as percentage
FOB value of exports. |
| 1. |
Bulk Drug and Drug Intermediates |
5% |
| 2. |
Dye and Dye Intermediates |
4% |
| 3. |
Glass |
5% |
| 4. |
Ceramic Products |
5% |
| 5. |
Paper made from wood pulp/ waste paper
|
5% |
| 6. |
Pesticides (Technical)/ Pesticides formulation from Basic Stage
|
5% |
| 7. |
Refractory items of the following types:-
a. Shaped and Fired
b. Shaped and Tempered
c. Others |
7%
3%
2% |
| 8. |
Ferrous engineering products manufactured through forging/castings
process |
7% |
| 9. |
Non ferrous basic metal including down stream products of aluminium. |
4% |
| 10. |
Plastic and plastic products from Basic/ Monomer Stage |
5% |
| 11. |
Fibre to yarn |
4% |
| 12. |
Yarn to fabric/ Made-ups/ Garments |
3% |
| 13. |
Fibre to fabric/made-ups/ Garments |
7% |
| 14. |
Organic Chemicals |
4% |
| 15. |
Inorganic Chemicals |
3% |
| 16. |
Glass Artwares |
3% |
| 17. |
Leather Footwears and its Leather components |
3% |
| 18. |
Graphite Electrodes against SION at C-485 |
6% |
| 19. |
Brass Art Wares |
2% |
For the purpose of import of fuel under Actual User Advance Licence,
the applicant shall indicate the name of the specific fuel sought for
import in their application. Import of fuel however shall not be permitted
against DFRC or under para 7.5 of Handbook of Procedures or against Ad
hoc Norms. Also, for the calculation of DEPB rates, the cost of the fuel
shall not be taken into account.
“Note:- In any case, as per above General Note, the fuel shall
not be allowed more than 7% of FOB value of exports.”
|
