DGFT amends the Import policy condition of Urea

Oct 14, 2019 | by Avantis RegTech Legal Research Team


The Directorate General of Foreign Trade (DGFT) on October 11, 2019, has made amendment in the Import policy condition of Urea.

The amended Exim Code is as under:

Exim Code

Item Description

Policy

Existing Policy Condition

Revised Policy conditions

31021000

Urea, Whether or not in aqueous solution

State Trading Enterprise

Import allowed through STC and MMTC subject to Para 2.20 of Foreign Trade Policy, 2015-2020. However, import of Urea for industrial/ non-agricultural/ technical grade shall be “Free” with Actual User condition.

Import allowed through STC, MMTC and RCF subject to Para 2.20 of FTP, 2015-2020. However, import of Technical Grade Urea (TGU) meant for “non-agriculture purpose/ Industrial use/ NPK Manufacturing shall be “Free”.

Effect of this Notification: Import Policy for Urea for industrial or non-agricultural use, besides TGU and Industrial Urea shall be “Free” with immediate effect and M/s Rashtriya Chemicals and Fertilizers (RCF) is designated as State Trading Enterprises (STE) for import of Urea on Government account.

[Notification No. 23/ 2015-2020]


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