Government imposes restrictions on import of bio-fuels

By: | Updated: August 22, 2018 5:04 PM

The government has imposed a restriction on import of biofuels including ethyl alcohol and other denatured spirits, bio-diesel, petroleum oils and oils obtained from bituminous minerals other than crude, through an amendment in import policy.

bio-fuels, biofuels in india, Directorate General of Foreign Trade, DGFTThe import of these items, which was free earlier, will now only be allowed for the non-fuel purpose on an actual user basis. (Representative Image: Reuters)

The government has imposed a restriction on import of biofuels including ethyl alcohol and other denatured spirits, bio-diesel, petroleum oils and oils obtained from bituminous minerals other than crude, through an amendment in import policy. The import of these items, which was free earlier, will now only be allowed for the non-fuel purpose on an actual user basis.

“Import policy of bio-fuels revised from ‘free’ to ‘restricted’ and allowed for the non-fuel purpose on an actual user basis as per the National Bio-Fuel Policy,” the Directorate General of Foreign Trade (DGFT) said in a notification. In another notification, the government said export of beach sand minerals has been brought under state trading enterprise and shall be canalised through Indian Rare Earths Limited. Export of rare earth compounds classified as beach sand minerals permitted anywhere in the export policy will now be regulated.

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