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NOTIFICATION NO. 65/2021, DT. 01/04/2022

Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2022, Schedule - I (Import Policy)

 

S.O. (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 CodeItem DescriptionPolicyExisting Policy ConditionRevised Policy Condition 31021000Urea, whether or not in aqueous solutionState Trading EnterpriseImport 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 non-agricultural 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) 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.
 

(Santosh Kumar Sarangi)

Director General of Foreign Trade &
Ex-officio Addl. Secretary to Gol
Email: dgft@nic.in

(Issued from F. No. 01/89/180/102/AM-02/PC-2(A)Part-II/E-1715)
 

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