Home India Ministry of Commerce and Industry Amendment in import policy condition of Urea [Exim Code ...
Date: 2023-03-22 Category: Not Applicable State: Union Government Country: India

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

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Policy Summary: Amendment to Import Policy Condition for Urea (Exim Code 31021000)** **Subject:** Notification No. 61/2015-2020, dated March 22, 2023, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, amends the import policy condition for Urea (Exim Code 31021000) under Chapter 31 of the ITC HS 2022, Schedule Import Policy. **Key Changes:** * **Import via IPL:** Extends the permission for Urea import through Indian Potash Limited (IPL) up to March 31, 2024. * **Import for Agriculture:** Import of Urea for agricultural purposes on Government Account shall be allowed either by designated State Trading Enterprises (STEs) or through entities Fertilizer Marketing Entities authorized by the Department of Fertilizers for filing BEs at Indian ports. * **Import for Non-Agricultural Purposes:** Import of Technical Grade Urea (TGU) meant for non-agricultural purposes, including industrial use and NPK manufacturing, remains free. **Effective Date:** This notification is effective immediately. **Authority:** This amendment is issued in exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with Paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended. **Contact:** For further information, contact the Directorate General of Foreign Trade at dgft@nic.in. The notification was issued from F. No. 01/89/180/0102/AM02/PC2(A)/Part-II/E-1715.

Key Entities Referenced

Urea Exim Code 31021000: The specific type of urea that is the subject of the import policy amendment. Foreign Trade Development Regulation Act, 1992: The legal act that confers powers to amend the import policy. Foreign Trade Policy, 2015-2020: The overarching policy framework under which the import of urea is regulated; amended by this notification. RCF: An enterprise through which import of urea is allowed. NFL: An enterprise through which import of urea is allowed. IPL: An entity through which import of Urea is allowed for a specific period. Department of Fertilizer: The government department that authorizes Fertilizer Marketing Entities for filing BEs at Indian ports. Santosh Kumar Sarangi: Director General of Foreign Trade.
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[To be published in the Gazette of India Extraordinary Part-Il, Section-3, Sub-Section (ii)] Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 61 /2015-2020 New Delhi, Dated: 22 March 2023 Subject: Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2022, Schedule — | (Import Policy). 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, 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 — | (Import Policy), with immediate effect, as under (changes made are given in bold letters): Exim Item Policy —|Existing Policy/Revised Policy| Code Description Condition Condition 31021000 |Urea, whether or|State Import allowed through|Import allowed through| not in aqueous|Trading |RCF and NFL subjectIRCF and NFL subject to solution Enterpriselto Para 2.20 of ForeigniPara 2.20 of Foreign [Trade Policy, 2015-\Trade Policy, 2015- 2020. In addition import2020. In addition import lof Urea is also allowedjof Urea is also allowed through IPL for a periodithrough IPL for a period up ~—_ to 31.3.2023.Jup to 31.03.2024. Import of Urea (forllmport of Urea (for agriculture purpose) onlagriculture Purpose) on Government AccountiGovernment Account| Shall be allowed eitherjshall be allowed either by designated STEs\by designated STEs itself, or through anylitself, or through any entity/entities (Fertilizerjentity/entities (Fertilizer Marketing Entities) so|Marketing Entities) so authorized by __ thelauthorized by the Department of Fertilizer[Department of Fertilizer from time to time, forjfrom time to time, for] filing BEs at Indianjfiling BEs at Indian ports. ports. However, import offHowever, import off Technical Grade UrealTechnical Grade Urea (TGU) meant for non-(TGU) meant for non- agricultural purpose/agricultural purpose, industrial use/ NPKlindustrial use/ NPK| Manufacturing shall be|Manufacturing shall be Free”. Free”. ke2: Effect of this Notification: 2I 0nd 2i 0a ,n tiI P lm lo p 3to 1ar .st 0h 3o .f L 2 iU 0mr 2ie 4ta .e d( A (gr Ii Pc Lu )l t su ur ba jl eg cr ta d te o ) Po an r aG o 2v .e 2r 0n m ofe n Ft o ra ec ic go nu n Tt r ais d eal l Po olw ie cd y ,t h 2r 0o 1u 5g -h 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. 01/89/1 80/102/AM-02/PC-2(A)Part-II/E-171 5)

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