DGFT permits import of PET flake

The Directorate General of Foreign Trade vide notification dated 14 September, 2022 has revised the import policy for PET flake. The import of PET flake shall be permitted subject to following conditions:

  1. DGFT Authorization
  2. NOC from MoEF & CC
  3. The unit has completed one year after commencing production
  4. The unit has used domestic waste to the extend of 70% of the capacity in previous year
  5. Import is 15% of the actual capacity

The import of PET bottles shall remain prohibited.

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