The Directorate General of Foreign Trade (DGFT) on March 11, 2024, issued a notification regarding the Procedure for Import Allocation for the Financial Year 2024-25, for the import of Calcined Petroleum Coke for the Aluminium Industry and Raw Petroleum Coke for the CPC manufacturing industry.
The following has been stated namely: -
• It states that the annual quantity limitation in import will be operated on a financial year basis from April 01, 2024, till March 31, 2025, the total quantity permitted for import per annum as
(i) CPC for use in the Aluminium industry is 0.5 Million MTs
(ii) RPC for the CPC manufacturing industry is 1.9 Million MTs.
• It states that the Completed application is required to be submitted online on or before March 24, 2024. It has to be submitted on the DGFT Website under Services -- > Import Management System -- > Import Authorisation for Restricted Imports > Apply for New Authorisation, under Import Category as 'Import of Pet Coke'. Applications submitted under any other Category are liable to be rejected.
• The Applicants desiring to avail import allocation as mentioned above, shall upload a certificate of their RPC/CPC Processing capacity duly certified by the SPCB concerned as on the date of the CAQM Order i.e. February 14, 2024, along with a valid CTO clearly stating the production capacity.
• The Restricted Import Authorisation to be issued shall be valid till March 31, 2025 only. Imports have to be completed before March 31, 2025, i.e. consignments must be cleared by custom authorities before this date.
[Circular No. 49/2023]
