PIB CORNER
Government Restricts Bio-Fuel Imports
- On 26th may, 2019, the government restricted the import of bio-fuels including ethyl alcohol, bio-diesel and petroleum oils for all purposes.
- Now, their import will require import license from the Directorate General of Foreign Trade (DGFT).
- Until now, import was allowed only for non-fuel purposes subject to actual user condition.
- The restriction will affect the import of ethyl alcohol and other spirits, denatured, of any strength, petroleum oils and oils obtained from bituminous minerals (other minerals other than crude, through an amendment in import policy) and ....
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