Regulatory Alerts2026-05-07 | EPD Circular Letter No. 10 of 2026Added · Updated
Permission for Import of Crude Oil/ Petroleum Products on CIF Basis
The validity of the relaxation for importing Crude Oil and Petroleum Products on a CIF basis is extended until July 10, 2026. This extension applies to Authorized Dealers in Foreign Exchange and their constituents, who are required to ensure meticulous compliance with the terms originally set out in EPD Circular Letter No. 04 of March 11, 2026.
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EPD Circular Letter No. 10
Permission for Import of Crude Oil/ Petroleum Products on CIF Basis
May 07, 2026
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The Presidents/Chief Executives of All Authorized Dealers in Foreign Exchange
Dear Sir/Madam,
Permission for Import of Crude Oil/ Petroleum Products on CIF Basis
Attention of Authorized Dealers is invited towards EPD Circular Letter No. 04 of March 11, 2026, on the captioned subject. 2. In this regard, it has been decided to extend the validity of the relaxation granted under the aforesaid circular letter for import of Crude Oil/ Petroleum Products on CIF basis up to July 10, 2026. 3. Authorized Dealers are advised to bring the above to the notice of all their constituents for meticulous compliance.
Yours sincerely,
(Dr. Asif Ali) Director-EPD
Home — Circulars — EPD Circular Letter No. 10
Permission for Import of Crude Oil/ Petroleum Products on CIF Basis
May 07, 2026