Duty free import of fuel under Advance Authorisation Scheme - clarification
DGFT has clarified that duty free import of fuel against SION shall be allowed as per the description and quantity indicated in the relevant SION. The FOB value restriction mentioned in General Note for Fuel in HBP, VOL.II will not apply in the case of import of fuel allowed under SION, unless specifically mentioned in the SION
POLICY CIRCULAR NO. ., Dated: October 3, 2007