Home India Ministry of Commerce and Industry Amendment in import policy condition of Urea [Exim Code ...
Date: 2025-03-18 Category: Not Applicable State: Union Government Country: India

Amendment in import policy condition of Urea [Exim Code 31021010] in the ITC (HS) 2022, Schedule – I (Import Policy) - Regarding.

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

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Executive Summary & Key Takeaways

**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.
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[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 T( rD ae dv ee lo Pp olm ie cn yt (& FR Te Pg )u ,l at 2i 0o 2n 3) , Ac at s, a19 m9 e2 n, dr ee da d fw ri ot mh p ta ir ma eg r ta op h 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 GI7 n9 od/ vi2 ea0 rn2 n3 P m od ea t nt a te s d h a c1 L c8 i. om0 ui3 n. t t2 e ,0 d 2 b4 ( y, I P at L mh )e e f nC r de on mmt er na 3l t1 .G i0o n3 v . Ie 2 mr p0 o2n r5m t e tn Po ol3 i1 c. y0 3 C. on2 d0 i2 t6 i of no r u ni dm ep ro r It T Co (f H SU )r e Ca o don e a3 n1 d0 2 c1 o0 nd1 i0 t io of n C sh ra ep mt ae ir n s31 t ho ef sIT aC m e(H aS s), i n2 0 t2 h2 e, N oS tc ih fie cd au tl ioe n — N o| .( I 7m 9p /o 2r 0t 2P 3o l di acy t) e. d A 1l 8l . o 0t 3h .e 2r 0 2t 4e .rms 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]

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