DGFT Extends Urea (Agricultural grade) Import through Indian Potash Limited (IPL) until 31st March 2025 [Read Notification]
Urea (Agricultural Grade) import through Indian Potash Limited (IPL) until 31st March 2025
DGFT – DGFT Extends Urea Import – Indian Potash Limited – DGFT Notification – TAXSCAN
DGFT – DGFT Extends Urea Import – Indian Potash Limited – DGFT Notification – TAXSCAN
The Directorate General of Foreign Trade ( DGFT ), vide notification No. 79/2023 dated 18th March 2024 has notified the amendment in import policy condition of urea ( Agricultural grade ). The amendment has extended import of urea on government account through Indian Potash Limited ( IPL ), subject to Para 2.21 of FTP,2023 until 31.03.2025
Exim Code : 31021010
Item Description : Fertiliser grade conforming to Standard IS5406
Existing Policy Condition
Import allowed through RCF and NFL subject to Para 2.21 of Foreign Trade Policy, 2023. In addition import of Urea is also allowed through IPL for a period up to 31.03.2024.
Import of Urea ( for agriculture purpose ) on Government Account shall be allowed either by designated STEs itself, or through any entity/entities ( Fertilizer Marketing Entities ) so authorized by the Department of Fertilizers from time to time, for filing BEs at Indian ports.
Revised Policy Condition
Import allowed through RCF and NFL subject to Para 2.21 of Foreign Trade Policy, 2023. In addition import of Urea is also allowed through IPL for a period up to 31.03.2025.
Import of Urea ( for agriculture purpose ) on Government Account shall be allowed either by designated STEs itself, or through any entity/entities ( Fertilizer Marketing Entities ) so authorised by the Department of Fertilisers from time to time, for filing BEs at Indian ports.
To Read the full text of the Notification CLICK HERE
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