Indian Potash Limited's State Trading Enterprise status for urea imports extended until March 31, 2026

The Central Government has extended the State Trading Enterprise (STE) status of Indian Potash Limited (IPL) for importing Urea [Exim Code 31021010] on Government account from March 31, 2025, to March 31, 2026. This amendment to the import policy condition under ITC(HS) Code 31021010 of Chapter 31 of ITC (HS), 2022, Schedule - I (Import Policy) was made pursuant to powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023. All other terms from Notification No. 79/2023 remain unchanged. .....

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