**Summary:**
This notification, No. 65/2024-25, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India, dated March 18, 2025, amends the import policy condition for Urea under Exim Code 31021010 in the ITC (HS) 2022, Schedule-Import Policy. Specifically, it extends the State Trading Enterprise (STE) status granted to IPL (Indian Potash Limited) vide Notification No. 79/2023 dated 18.03.2024, allowing imports on Government account through IPL, subject to Para 2.21 of FTP 2023, until March 31, 2026. All other terms and conditions of the import policy remain unchanged. This notification is issued with the approval of the Minister of Commerce and Industry.
For further information, contact Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-officio Addl. Secretary to Gol, at dgft[at]nic.in. The file number for this notification is F. No. 01/89/180/102/AM02/PC-2[A]/Part-I/WE-1715.
Key Entities Referenced
Directorate General of Foreign Trade: The issuing authority for the notification, responsible for foreign trade policy.
Urea Exim Code 31021010: The specific commodity and its classification code that is the subject of the import policy amendment.
ITC HS 2022: The Harmonized System of Nomenclature used for classifying traded products, as updated in 2022, which the notification amends.
Foreign Trade (Development and Regulation) Act, 1992: The primary legislation that grants the government the power to regulate foreign trade.
Notification Nos. 54/2015-20 dated 24.02.2023: Previous notification related to the import policy.
Notification No. 61/2015-20 dated 22.03.2023: Previous notification related to the import policy.
Indian Potash Limited: An entity permitted to import Urea on Government account.
FTP 2023: Foreign Trade Policy 2023, which the notification references and amends.
[To be
published in the
Gazette of India
Extraordinary Part-II,
Section-3,
Sub-Section (ii)]
Government of India
Ministry of
Commerce &
Industry
Department of
Commerce
Directorate
General of
Foreign Trade
Vanijya Bhawan
Notification No. 65
/2024-25
New Delhi,
Dated: 18
March 2025
Subject:
Amendment in
import policy
condition of Urea [Exim Code
31021010]
in the ITC (HS) 2022,
Schedule — |
(Import
Policy) -
Regarding.
S.O. (E): In
exercise of powers
conferred by
Section 3 and
Section 5 of
Foreign Trade
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,
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t
i1 m. e0
,
2 aa nn dd 2 i. n0 1 c oo nf t t inh ue a F to ior ne ig on f
61/2015-20
dated
22.03.2023 and
Notification Nos.
54/2015-20 dated
24.02.2023,
t
hereby
extends the STE
status of
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Effect of this
Notification:
on
Government
account is
allowed
through
Indian
PIm op to ar st
h
o Lf
i
mU itr ee da (I( PAg Lr )i c su ul bt ju er ca tl tg
o
r Pa ad re a)
2.21 of FTP
2023, till
31.03.2026.
This
issues with the
approval of
Minister of
Commerce &
Industry.
6
(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-IWE-1715]