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Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2017, Schedule - I (Import Policy) - 40/2015-2020 - Foreign Trade Policy

Extract

..... GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) UDYOG BHAWAN, NEW DELHI NOTIFICATION NO. 40/2015-2020 New Delhi, the 03 November, 2021 Subject: Amendment in import policy condition of Urea [Exim Code 31021000] in the ITC (HS) 2017, Schedule - I (Import Policy). S.O. 4594 (E): In exercise of powers conferred by Section 3 and Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015 .....

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Amendment in import policy condition of Urea Exim Code 31021000 in the ITC (HS) 2017, Schedule - I (Import Policy) - 40/2015-2020 - Foreign Trade Policy

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..... cals & Fertilizers Limited (RCF), Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020. The NFL and IPL are designated as STE for import of Urea on Government account. However, IPL is allowed to import Urea on Government account till 31.03.2022 only. Henceforth, the MMTC and STC are dc-notified as STE for import of Urea. This issues with the approval of Minister of Commerce & Industry. .....

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Amendment in import policy condition of Urea Exim Code 31021000 in the ITC (HS) 2017, Schedule - I (Import Policy) - 40/2015-2020 - Foreign Trade Policy

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