"Import of High Speed Diesel and Light diesel oil, brought on board in the old ships / vessels for purpose of breaking, and which are incidental to such ships / vessels, is free," the Directorate General of Foreign Trade said in a notification.
Earlier such imports were allowed through state trading enterprises.
According to an official, the move would give a boost to the ship breaking industry. Alang in Gujarat is the Asia's largest ship breaking yard.
The government has extended the deadline again to affix barcodes on primary level packaging by pharmaceutical companies till further orders.
A barcode is an optical machine-readable representation of data on the product it is attached to and facilitates its tracing and tracking.