Central Govt. amends policy condition of Crude Oil
Central Government amends policy condition of Crude Oil under HS Code 27090010 as shown in the table below:
|
Tariff Item HS Code |
Item Description |
Export Policy |
Policy Condition |
Revised Policy Conditions |
|
27090010 |
PETROLEUM CRUDE |
STE |
Export through Indian Oil Corporation Limited. |
Export through Indian Oil Corporation Limited. However, AMI (ADNOC Marketing International (India) RSC Limited India) is exempted from STE conditions and is allowed to re-export crude oil from their Commercial Stockpile at Mangalore SPR, at their own cost. |
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