Amendment in Import Policy Condition of Urea in the ITC (HS) 2022, Schedule- 1 (Import Policy)
The Central Government has amended the import policy condition of Urea [EXIM code 31021000] in the ITC (HS) 2022, Schedule- 1 (Import Policy) by allowing import of Urea 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. Import of Urea (for agriculture purpose) on Government Account shall be allowed either by designated STEs itself, or through entity/entities (Fertilizer Marketing Entities) so authorized by the Department of Fertilizer from time to time. However, import of Technical Grade Urea (TGU) meant for non-agricultural industrial use/ NPK Manufacturing shall be “Free”.
See Notification 54/2015-2020 dated 24.01.2023
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