HomeNewsBusinessEconomyGovt permits graphite electrode industry to import pet coke

Govt permits graphite electrode industry to import pet coke

Import of pet coke for fuel purpose is prohibited. However, the import was allowed to only four industries so far.

October 01, 2018 / 15:32 IST
Story continues below Advertisement

The government has permitted imports of pet coke, used for fuel purpose, by graphite electrode industry, the directorate general of foreign trade (DGFT) has said.

Import of pet coke for fuel purpose is prohibited. However, the import was allowed to only four industries so far.

Story continues below Advertisement

"In addition to the existing four industries -- cement, lime klin, calcium carbide, and gasification industries, the fifth one is graphite electrode industry is added for whom pet coke is freely importable," the DGFT said in a notification.

This is used as feed stock or in the manufacturing process only on actual user basis.

PTI
first published: Oct 1, 2018 03:29 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!