RCF and NFL Allowed Urea Import for Three Months
[Ref:
Notification No. 30/2015-2020 dated 26 September 2017]
Effect of this Notification:
In
addition to the existing STEs, M/s RCF and M/s NFL are
permitted to import urea only for three months with effect from the date of this notification.
Subject: Amendment in import policy condition of Urea under lTC (HS) code 3102 10 00 of Chapter 31 of lTC (HS), 2012- Schedule- 1
(Import Policy).
In exercise of powers conferred by Section 3
of FT (D&R) Act, 1992, read with
paragraph 1.02 and 2.01 of the Foreign
Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Import Policy of Urea under ITC (HS) code 3102 1000 of Chapter 31 of ITC (HS), 2017- Schedule-
1 (Import Policy).
2. On amendment, the ITC (HS) code 3102 10 00 will read as:
|
ITC (HS) Code |
Item |
Existing Policy |
Policy-condition |
Revised Policy Condition |
|
3102 10 00 |
Urea, whether or not in aqueous solution |
State Trading Enterprise. However, import of Industrial Urea
I Technical Grade Urea (TGU)
shall be free. |
STC, MMTC, and Indian Potash
Limited subject
to para 2.11 of
Foreign Trade policy |
STC, MMTC and Indian Potash Limited subject to para 2.20 of Foreign
Trade policy. In addition, Rashtriya Chemicals & Fertilizers (RCF) and M/s National Fertilizer Limited (NFL) are permitted to import urea only for three
months, from the date of this notification. |