Home India Ministry of Commerce and Industry In exercise of powers conferred by Section 3 of FT D and R A...
Date: 2018-09-28 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 3 of FT D and R Act 1992 read with paragraph 1 02

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Executive Summary:** This notification, issued by the Ministry of Commerce and Industry on September 28, 2018, amends the import policy for petcoke. It modifies Notification No. 25/2015-2020, dated August 17, 2018, to allow free import of petcoke for specific industries as feedstock or for use in the manufacturing process, while prohibiting it for fuel purposes. The amendment adds the graphite electrode industry to the list of industries eligible for free petcoke imports. **Key Points / Main Content:** * **Import Restriction:** Import of petcoke for fuel purposes is prohibited. * **Free Import Eligibility:** Petcoke import is free for the following industries, for use as feedstock or in the manufacturing process only on Actual User basis: * Cement * Lime Kiln * Calcium Carbide * Gasification * Graphite Electrode * **Regulation and Monitoring:** Imports will be regulated and monitored according to guidelines from the Ministry of Environment, Forest and Climate Change, issued on September 10, 2018 (O.M. No. Q18011542018CPA). * **Amendment Effect:** Graphite electrode industry is added to the list of industries eligible for free petcoke imports. **Impact Analysis:** **Cement, Lime Kiln, Calcium Carbide, Gasification, and Graphite Electrode Industries:** * *Impact:* Can freely import petcoke for use as feedstock or in their manufacturing processes, subject to actual user basis. * *Action Required:* Comply with the guidelines issued by the Ministry of Environment, Forest and Climate Change regarding the regulation and monitoring of petcoke imports. **Ministry of Environment, Forest and Climate Change:** * *Impact:* Responsible for providing guidelines for regulating and monitoring petcoke imports. * *Action Required:* Enforce O.M. No. Q18011542018CPA, dated September 10, 2018, regarding petcoke import regulation and monitoring. **Other Industries/Entities Importing Petcoke for Fuel Purposes:** * *Impact:* Import of petcoke for fuel purposes is prohibited. * *Action Required:* Cease importing petcoke for fuel purposes.

Key Entities Referenced

Foreign Trade Policy, 2015-2020: A policy document providing guidelines and regulations related to foreign trade. Foreign Trade (Development and Regulation) Act, 1992: An act of the Indian Parliament to provide for the development and regulation of foreign trade. Petcoke: A carbon-rich solid material derived from oil refining, the import policy of which is being amended by this notification. Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry. New Delhi: The capital of India, where the notification was issued. Ministry of Environment, Forest and Climate Change: The Indian government ministry responsible for environmental protection and climate change. Alok Vardhan Chaturvedi: Director General of Foreign Trade and Ex-officio Additional Secretary. Cement Industry: One of the industries for which petcoke import is permitted as feedstock.
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