Subject: Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2017, Schedule -1 (Import Policy).
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), 2017, Schedule - I (Import Policy), with immediate effect, as under :
31021000
However, import of Technical Grade Urea (TGU) meant for non-agricultural purpose/ industrial use/ NPK Manufacturing shall be Free.
2. Effect of the Notification:
In addition to Rashtriya Chemicals & Fertilizers Limited (RCF), Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020. The NFL and IPL are designated as STE for import of Urea on Government account. However, IPL is allowed to import Urea on Government account till 31.03.2022 only. Henceforth, the MMTC and STC are de-notified as STE for import of Urea.
This issues with the approval of Minister of Commerce & Industry.
(Amit Yadav)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to Gol
Email: dgft@nic.in
(F.No. 01 /89/180/102/AM-02/PC-2(A)Part-II/E-1715)