Home India Ministry of Commerce and Industry Amendment in Import Policy condition for Raw Pet Coke and Ca...
Date: 07-Mar-2024 Category: Extra Ordinary State: Union Government Country: India

Amendment in Import Policy condition for Raw Pet Coke and Calcined Pet Coke under Chapter 27 of ScheduleI Import Policy of ITC HS 2022

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • The gazette notification No. 68/2023, dated March 7, 2024, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, amends the import policy conditions for Raw Petroleum Coke (RPC) and Calcined Petroleum Coke (CPC) under Chapter 27 of Schedule-I (Import Policy) of ITC (HS) 2022.
  • The amendment revises the permissible import quantities of RPC for manufacturing CPC and CPC for the Aluminium Industry, effective from FY 2024-25 onwards, aligning with the recommendations of the Commission for Air Quality Management (CAQM) issued on February 14, 2024.

Key Changes

  • Total import of 1.9 Million MTs of Raw Petroleum Coke (RPC) for manufacturing Calcined Petroleum Coke (CPC) and 0.5 Million MTs of CPC for the Aluminium Industry is permissible during 2024-25.
  • From 2025-26 onwards, 1.9 Million MTs of RPC for manufacturing CPC and 0.8 Million MTs of CPC for the Aluminium Industry will be permissible.
  • Import of RPC & CPC shall be permitted only as feedstock/raw material and not as fuel.
  • Import of RPC and CPC shall be permitted to cater entirely to the domestic needs of the aluminium industry.
  • Import of RPC by Calciners shall be on Actual User basis and shall not be transferred to any other unit(s), including SEZ units. Export of CPC by Calciners is not permitted.
  • Import of CPC by the Aluminium Industry shall be on Actual User basis. Export of Anode by the Aluminium Industry is not permitted.
  • The RPC/CPC Processing capacity as of February 14, 2024 (date of the CAQM Order) shall be recorded for any pro-rata allocations.
  • All conditions mentioned in the CAQM Order No- F. No. 160014/16/2021-MERD/PetCoke-35 dated 14.02.2024 should also be complied with.

Impact Analysis

Aluminium Industry

  • Action Item: Aluminium companies should assess their CPC needs and import strategies in light of the new regulations. They should also ensure compliance with all conditions outlined in the CAQM order.

Calcined Petroleum Coke (CPC) Manufacturers (Calciners)

  • Action Item: Calciners should re-evaluate their RPC import strategies, production capacities, and sales models in light of the new regulations. They should also ensure compliance with all conditions outlined in the CAQM order.

Commission for Air Quality Management (CAQM)

  • Action Item: Ensure continued adherence to CAQM guidelines and directives regarding air quality management in the NCR and surrounding areas.

Government Agencies (DGFT, Customs)

  • Action Item: DGFT and customs authorities should update their systems and procedures to reflect the new import policy conditions and ensure effective monitoring and enforcement.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The DGFT, under the Ministry of Commerce and Industry, is the primary government agency responsible for formulating and implementing foreign trade policy. Ministry of Commerce and Industry: The ministry responsible for international trade, commerce, and industry in India. Commission for Air Quality Management (CAQM): The commission responsible for air quality management in the National Capital Region (NCR) and adjoining areas. Foreign Trade (Development & Regulation) Act, 1992: The Act that empowers the Central Government to make provisions for the development and regulation of foreign trade. Foreign Trade Policy 2023: The policy document that outlines the framework for India's foreign trade. ITC (HS) 2022: Indian Trade Classification (Harmonized System) 2022, which is a classification system used for import and export of goods.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-08032024-252745 CG-DxLx-xEG-I0D8H0x3x2x0 24-252745 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1072] नई दिल्ली, बृहस्ट्प जतवार, माच च7, 2024/फाल्ग नु 17, 1945 No. 1072] NEW DELHI, THURSDAY, MARCH 7, 2024/PHALGUNA 17, 1945 अजधसचू ना नई दिल्ली, 7 माच,च 2024 I 1129(अ).—le;≤ ij ;Fkk la'kkfs/kr fons'k O;kikj uhfr 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr fons'k O;kikj ¼fodkl ,o a fofu;eu½ vf/kfu;e] 1992 dh /kkjk 3 vkSj /kkjk 5 }kjk iznÙk “kfDr;kas dk iz;kxs djrs gq, dsUnz ljdkj ,rn~}kjk vkbZVhlh ¼,p,l½ 2022] vuqlwph&I ¼vk;kr uhfr½ ds v/;k; 27 ds rgr fuEufyf[kr la'kks/kukas dk s fuEukuqlkj vf/klwfpr djrh gSA 1- vkbZVhlh ¼,p,l½ 2022 dh vuqlwph&I ¼vk;kr uhfr½ ds v/;k; 27 dh vk;kr uhfrxr 'krZ la[;k 06 ¼[k½ dks fuEukuqlkj la'kkfs/kr fd;k tk,xk% 1631 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 06 ¼[k½ vY;qfefu;e mn~;ksx izfr o"kZ 0-5 ehfVªd Øe'k% fofuekZ.k dSfYlaM isVªksfy;e dksd ¼lhihlh½ ds Vu ls vf/kd dSfYlaM iVs dksd vk;kr fy, dPps isVªksfy;e dkds ¼vkjihlh½ dk 1-9 fefy;u ugha dj ldrk gS vkSj dSfYlaM iVs dksd ehfVZªd Vu vkSj vY;wfefu;e mn~;ksx ds fy, 0-5 fofuekZ.k bdkbZ;k¡ izfr o"kZ 1-4 ehfVªd Vu fefy;u ehfVªd Vu lhihlh dk dqy vk;kr] o"kZ ls vf/kd dPPks isV dksd vk;kr ugha dj 2024&25 ds nkSjku vuqes; gksxk vkSj Øe'k% fofuekZ.k ldrk gSA lhihlh ds fy, 1-9 fefy;u ehfVªd Vu vkjihlh vkSj vY;fwefu;e mn~;kxs ds fy, 0-8 fefy;u ehfVªd Vu lhihlh dh vuqefr o"kZ 2025&26 ls fuEufyf[kr “krksZa ds v/khu gkxs h%& i. vkjihlh vkSj lhihlh ds vk;kr dks dsoy QhMLVkWd@dPps eky ds #i es a vuqefr nh tk,xh vkSj fdlh Hkh ifjfLFkfr es a bZa/ku ds #i es a mi;ksx ugha fd;k tk,xkA ii. vkjihlh vkSj lhihlh dksM vk;kr dks lacaf/kr fofu;eks a dkuwuks a ds rgr vuqefr ds vuqlkj izfØ;k ds fy, iwjh rjg ls vY;fwefu;e mn~;kxs ds ?kjsyw vko”;drkvksa dk s iwjk dju s grs q vuqefr nh tk,xhA iii. dsfYlulZ }kjk vkjihlh dk vk;kr okLrfod mi;kxs drkZ ds vk/kkj ij fd;k tk,xk vkSj ,lbZtsM+ bdkbZ ¼bdkb;kas½ lfgr vU; fdlh bdkbZ ¼bdkb;ks½a dks gLrkarfjr ugha fd;k tk,xkA dsfYlulZ }kjk lhihlh ds fu;kZr dh vuqefr ugha nh tk,xhA iv. vY;fwefu;e m|kxs }kjk lhihlh dk vk;kr okLrfod mi;kxs dÙkkZ ds vk/kkj ij fd;k tk,xkA vY;fwefu;e m|ksx }kjk ,suksM ds fu;kZr dh vuqefr ugha nh tk,xhA v. lh,D;w,e vkns'k dh frfFk vFkkZr fnukad 14-02-2024 ij vkjihlh@lhihlh izlaLdj.k {kerk dks fdlh Hkh ;Fkkuqikr vkoaVu grs q ntZ fd;k tk,xkA vi. ,ulhvkj ,oa vklikl ds {ks=ksa esa ok;q xq.koÙkk izca/ku gsrq vk;kxs ds vkns'k la[;k ,Q la[;k 160014@16@2021&,ebZvkjMh@isV dksd&35 fnukad 14-02-2024 es a ;Fkk mfYYkf[kr vU; lHkh “krkZsa dk vuqikyu Hkh fd;k tkuk pkfg,A vY;wfefu;e m|kxs grs q lhihlh fofuekZ.k ds fy, vkjihlh grs q lhihlh vkSj lhihlh dh vuqes; vk;kr ek=k] foÙkh; o"kZ 2024&25 ls vkxs lh,D;w,e dkss fnukad 14-02-2024 dks tkjh vkns'k }kjk flQkfj'kkas ds vuq#i la'kksf/kr fd;k x;k gSA bls okf.kT; ,o a m|kxs ea=h ds vuqeksnu ls tkjh fd;k tkrk gSA [फा. सं. ,e&01@89@180@,,e&23@ihlh&2¼d½@bZ&38642] lark"sk dqekj lkjxa h, Ekgkfuns'kd] fon's k O;kikj ,oa inus vij lfpo[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) NOTIFICATION New Delhi, the 7th March, 2024 No. 68 /2023 Subject: Amendment in Import Policy condition for Raw Pet Coke and Calcined Pet Coke under Chapter 27 of Schedule–I (Import Policy) of ITC (HS) 2022 S.O. 1129(E).—In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby notifies the following amendments under Chapter 27 of the ITC (HS), 2022, Schedule-I (Import Policy) as under: 1. The Import Policy Condition no.06 (b) of Chapter 27 of Schedule–I (Import Policy) of ITC (HS) 2022 shall be amended as under: Condition no. Existing Policy Condition Revised Policy Condition 06(b) Aluminium industry can Total import of 1.9 Million MTs of Raw Petroleum Coke(RPC) import Calcined Pet Coke not for manufacturing Calcined Petroleum Coke(CPC) and 0.5 Million exceeding 0.5 MT per annum MTs of CPC for Aluminium Industry respectively shall be and Calcined Pet coke permissible during 2024-25, and 1.9 Million MTs of RPC for manufacturing units can import manufacturing CPC Manufacturing and 0.8 Million MTs of CPC raw pet coke not exceeding 1.4 for Aluminium Industry respectively shall be permissible from 2025-26 onwards, subject to the following conditions: MTs per annum. i. Import of RPC & CPC shall be permitted only as a feedstock / raw material and under no circumstances shall be used as fuel. ii.Import of RPC and CPC shall be permitted to cater entirely to the domestic needs of aluminium industry, for the processes as permitted under the relevant regulations / statutes. iii. Import of RPC by Calciners shall be on Actual User basis and shall not be transferred to any other unit(s) including SEZ unit(s). Export of CPC by Calciners shall not be permitted. iv. Import of CPC by Aluminium Industry shall be on Actual User basis. Export of Anode by Aluminium Industry shall not be permitted. v. The RPC/CPC Processing capacity as on the date of the CAQM Order i.e. 14.02.2024 shall be taken on record for any pro-rata allocations. vi. All other conditions as mentioned in the Commission for Air Quality Management in NCR & Adjoining Areas Order No- F. No. 160014/16/2021-MERD/PetCoke-35 dated 14.02.2024 should also be complied with. Effect of the notification: The permissible Import Quantities of RPC for manufacturing of CPC and CPC for Aluminium Industry, from FY 2024-25 onwards has been revised in line with the recommendations of CAQM issued vide Order dated 14.02.2024. This is issued with the approval of Minister of Commerce & Industry. [No. 01/89/180/22/AM-23/PC-2(A)/E-38642] SANTOSH KUMAR SARANGI, Dir. Gen. of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research