The government has imposed restriction on import of
bio-fuels 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 non-fuel purpose on actual user basis.
"Import policy of bio-fuels revised from 'free'
to 'restricted' and allowed for non-fuel purpose on 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