duty drawback on crude import

Tuesday, December 14, 2004

Rajya Sabha

Government has notified norms for import of Duty Free crude oil against export of petroleum products. The norms for crude oil for 1 Metric tonne (MT) of product exported are as under :

Crude Quantity allowed (MT)
LPG
1.564

Light Ends
1.265

Middle Distillates
1.072

Heavy Ends
0.820





The quantity of petroleum products exported during the last three years company wise is given below :-




Quantity in Thousand Metric Tonne


Company
IOC
BPC
HPC
KRL
ONGC
MRPL
RIL
CPCL
NRL
Total

2001-02
49
141
532
105
251
424
8582
0
0
10085

2002-03
396
483
596
165
135
1957
6505
18
34
10289

2003-04
1096
452
776
154
403
4225
7514
0
0
14620



Above information was given by Shri Mani Shankar Aiyar, Minister of Petroleum & Natural Gas, in a written reply in the Rajya Sabha today.