The Directorate General of Foreign Trade ( DGFT ), vide Public Notice No. 49/2023 dated March 11, 2024, issued the guidelines for Import on Allocation for the Financial Year 2024-25. This procedure specifically pertains to the import of Calcined Petroleum Coke (CPC) for the Aluminium Industry and Raw Petroleum Coke (RPC) for the CPC manufacturing Industry.
Background:
The allocation of import quantities for petroleum coke stems from a directive by the Hon’ble Supreme Court in Writ Petition no. 13029/1985, with certain issues related to petroleum coke delegated to the Commission for Air Quality Management.
Subsequently, the Commission, in compliance with the Supreme Court’s directions, decreed the allowable import quantities for the Aluminium industry and CPC manufacturing units for the fiscal year 2024-25. As a result, the import policy conditions for petroleum coke were amended via Notification No. 68/2023 dated March 07, 2024.
Additionally, the regulation and monitoring of such imports are to be conducted in accordance with guidelines issued by the Ministry of Environment, Forest and Climate Change.
Key Provisions of the Import Allocation Procedure:
i. Annual Quantity Limitation: The import quantity limitation will operate on a financial year basis, from April 01, 2024, to March 31, 2025. The total permitted import quantities per annum are 0.5 Million MTs for CPC for use in the Aluminium industry and 1.9 Million MTs for RPC for the CPC manufacturing industry.
ii. Application Submission: Completed applications must be submitted online on or before March 24, 2024, through the DGFT website, specifically under the category ‘Import of Pet Coke’.
iii. Capacity Certification: Applicants seeking import allocation must upload a certificate of their RPC/CPC processing capacity certified by the State Pollution Control Board (SPCB) and a valid Consent to Operate (CTO) indicating the production capacity.
iv. Import Policy Compliance: Imports will be subject to relevant Import Policy conditions under Chapter 27 of Schedule-I (Import Policy), ITC(HS) 2022, and guidelines laid down by the Ministry of Environment, Forest and Climate Change. Applicants must submit a duly certified undertaking for compliance with these conditions.
v. Individual Assessment: All applications for import of RPC/CPC will be assessed individually within the total quantities specified. Import quantities for each applicant will be determined with the assistance and advice of the Exim Facilitation Committee (EFC).
vi. Validity of Import Authorization: Restricted Import Authorizations will be valid until March 31, 2025, and imports must be completed before this date.
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