Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2022, Schedule - I (Import Policy). - 65/2015-20 - Foreign Trade Policy

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION NO. 65/2015-2020 New Delhi, the 1st April, 2022 Subject: Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2022, Schedule I (Import Policy). S.O. 1559(E). -In exercise of powers conferred by Section 3 and Section 5 of FT (D R) Act, 1992 , read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020 , as amended from time to time, the Central Government hereby amends the policy condition of Urea [EXIM code 31021000 ] of Chapter 31 of ITC (HS), 2022, Schedule I (Import Policy) , with immediate effect, as under :- Exim Code Item Description Policy Existing Policy Condition Revised Policy Condition 31021000 Urea, whether or not in aqueous solution State Trading Enterprise Import allowed through RCF and NFL subject to Para 2.20 of Foreign Trade Policy, 2015-2020. In addition import of Urea is also allowed through IPL for a period up to 31.3.2022. However, import of Technical Grade Urea (TGU) meant for nonagricultural purpose/ industrial use/ NPK Manufacturing shall be Free . Import allowed through RCF and NFL subject to Para 2.20 of Foreign Trade Policy, 2015- 2020. In addition import of Urea is also allowed through IPL for a period up to 31.3.2023. However, import of Technical Grade Urea (TGU) meant for non-agricultural purpose/ industrial use/ NPK Manufacturing shall be Free . 2. Effect of this Notification: Import of Urea on Government account is allowed through Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020 , till 31.03.2023 . This issues with the approval of Minister of Commerce Industry. [F. No. 01/89/180/102/AM-02/PC-2(A)Part-II/E-1715] SANTOSH KUMAR SARANGI, Director General of Foreign Trade and Ex-officio Addl. Secy.