Procedure for Import Quota Allocation of Calcined and Raw Pet Coke in India for FY 2023-24.
The Ministry of Commerce and Industry in India has established a procedure for allocating import quotas of Calcined Pet Coke and Raw Pet Coke for the fiscal year 2023-24. However, the allocation of these quotas is subject to the ruling of the Hon’ble High Court of Delhi in the LPA 25/2021 & CM Applications 2070/2021, 13380/2021, 44359/2022, and any future judgments.
The import of Raw Pet Coke for CPC manufacturing industry cannot exceed 1.4 Million MT per annum, and the import of raw material for use as Calcined Pet Coke (CPC) in the Aluminium Industry cannot exceed 0.5 million MT per annum in total. To be considered for a quota allocation, applicants must submit para-wise compliance with the Ministry of Environment, Forest and Climate Change’s guidelines, as well as a State Pollution Control Board Certificate and valid consent certificates indicating the quantity permitted for import and its usage on a monthly and yearly basis.
The application process for import quota allocation requires completed online forms, appropriate documents, and fees to be submitted by February 28, 2023. The Exim Facilitation Committee (EFC) in DGFT (Hqrs) will review the applications for the import authorization grant, which will be valid until March 31, 2024, for import purposes.
If an importer cannot use the entire quantity of the license issued, they must notify the DGFT, and any unused quota will be distributed to other applicants. Any unutilized quantity allocated during FY 2023-24 will be deducted from the applicant’s eligible quota for FY 2024-25. Furthermore, license holders for Pet Coke import must keep the Regional Authority informed of the details.
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