DGFT revises Import Policy Condition of Raw Pet Coke and Calcined Pet Coke [Read Notification]

The Directorate General of Foreign Trade ( DGFT ) has introduced an amendment to the Import Policy condition for Raw Pet Coke ( RPC ) and Calcined Pet Coke ( CPC ) under Chapter 27 of Schedule-I (Import Policy) of ITC (HS) 2022 through Notification No. 68/2023 dated March 07, 2024.

This revision of import quantities is for the financial year 2024-25 and onwards aligned with the recommendations of the Central Authority for Quality Management (CAQM), as per their order dated February 14, 2024.

Under the powers conferred by Section 3 and Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992, and in accordance with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, the Central Government has notified the following amendments on ‘Condition no. 06b’:

Existing Policy Condition

Aluminium industry can import Calcined Pet Coke not exceeding 0.5 MT per annum and Calcined Pet coke manufacturing units can import raw pet coke not exceeding 1.4 MTs per annum

Revised Policy Condition

Total import of 1.9 Million MTs of Raw Petroleum Coke( RPC ) for manufacturing Calcined Petroleum Coke( CPC ) and 0.5 Million MTs of CPC for Aluminium Industry respectively shall be permissible during 2024-25, and 1.9 Million MTs of RPC for manufacturing CPC Manufacturing and 0.8 Million MTs of CPC for Aluminium Industry respectively shall be permissible from 2025-26 onwards, subject to the following conditions:

1. Import of RPC & CPC shall be permitted only as a feedstock / raw material and under no circumstances shall be used as fuel.
2. Import of RPC and CPC shall be permitted to cater entirely to the domestic needs of aluminium industry, for the processes as permitted under the relevant regulations /statutes.
3. Import of RPC by Calciners shall be on Actual User basis and shall not be transferred to any other unit(s) including EZ unit(s). Export of CPC by Calciners shall not be permitted.
4. Import of CPC by Aluminium Industry shall be on Actual User basis. Export of Anode by Aluminium Industry shall not be permitted.
5. The RPC/CPC Processing capacity as the date of the CAQM Order February 14, 2024 shall be taken on record for any pro-rata allocations.
6. All other conditions as mentioned in the Commission for Air Quality Management in NCR & Adjoining Areas Order No- F. No 160014/16/2021-MERD/PetCoke-35 dated February 14, 2024 should also be complied with.

The revision of permissible import quantities of Raw Petroleum Coke ( RPC ) for the production of Calcined Petroleum Coke ( CPC ) and CPC for the Aluminium Industry, effective from the fiscal year 2024-25 onwards, reflects adherence to the recommendations of the Central Authority for Quality Management ( CAQM ) as conveyed through their order dated February 14, 2024.

To Read the full text of the Notification CLICK HERE

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