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The Central Government amends the import policy condition for Urea under Exim Code 31021010 in Schedule 1 of the ITC (HS) 2022 with immediate effect. The amendment extends the period for importing Urea through Indian Potash Limited. The import of Urea remains allowed through Rashtriya Chemicals and Fertilizers Limited and National Fertilizers Limited subject to Foreign Trade Policy 2023. The import of agricultural grade Urea on government account continues through designated State Trading Enterprises or authorized Fertilizer Marketing Entities for filing Bill of Entry at Indian ports.
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[To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (ii)]
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan
Notification No. 79/2023 New Delhi, Dated: 18 March 2024
Subject: Amendment in import policy condition of Urea [Exim Code 31021010] in the ITC (HS) 2022, Schedule – I (Import Policy) - Regarding.
S.O. (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023, as amended from time to time, the Central Government hereby amends the policy condition of Urea [EXIM code 31021010] of Chapter 31 of ITC (HS), 2022, Schedule - I (Import Policy), with immediate effect, as under (changes made are given in bold letters):
| Exim Code | Item Description | Existing Policy Condition | Revised Policy Condition |
|---|---|---|---|
| 31021010 | Fertilizer grade conforming to Standard IS5406 | Import allowed through RCF and NFL subject to Para 2.21 of Foreign Trade Policy, 2023. In addition import of Urea is also allowed through IPL for a period up to 31.03.2024.
Import of Urea (for agriculture purpose) on Government Account shall be allowed either by designated STEs itself, or through any entity/entities (Fertilizer Marketing Entities) so authorized by the Department of Fertilizers from time to time, for filing BEs at Indian ports. | Import allowed through RCF and NFL subject to Para 2.21 of Foreign Trade Policy, 2023. In addition import of Urea is also allowed through IPL for a period up to 31.03.2025.
Import of Urea (for agriculture purpose) on Government Account shall be allowed either by designated STEs itself, or through any entity/entities (Fertilizer Marketing Entities) so authorized by the Department of Fertilizers from time to time, for filing BEs at Indian ports. |
Effect of this Notification: Import of Urea (Agricultural grade) on Government account is allowed through Indian Potash Limited (IPL) subject to Para 2.21 of FTP,2023, till 31.03.2025.
This issues with the approval of Minister of Commerce & Industry.
[Image omitted. See the official document.]
(Santosh Kumar Sarangi) Director General of Foreign Trade & Ex-officio Addl. Secretary to GoI Email: dgft@nic.in
[Issued from F. No. 01/89/180/102/AM-02/PC-2(A)Part-II/E-1715]