DGFT amends Import Policy Condition of Urea:
The Directorate General of Foreign Trade(DGFT) has amended import policy condition of Urea (Exim Code 31021000] in the ITC (HS) 2022, Schedule - I (Import Policy).
Import Policy Condition of Urea
Reetu
Jan 24, 2023DGFT amends Import Policy Condition of Urea
The Directorate General of Foreign Trade(DGFT) has amended import policy condition of Urea (Exim Code 31021000] in the ITC (HS) 2022, Schedule - I (Import Policy) via issuing Notification.
The Notification Stated, "In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development &Regulation) 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 policy condition of Urea [EXIM code 31021000] of Chapter 31 of ITC (HS), 2022, Schedule - I (Import Policy), with immediate effect."
[caption id="attachment_193722" align="aligncenter" width="528"]
Import Policy Condition of Urea[/caption]
Effect of this Notification:
Fertilizer Marketing Entities (FMEs), authorized by the Department of Fertilizers, have been allowed to file Bill of Entries at Indian ports for import of Urea (for agriculture purpose) on Government Account.
For Official Notification Download PDF Given Below:
Import Policy Condition of Urea[/caption]
Effect of this Notification:
Fertilizer Marketing Entities (FMEs), authorized by the Department of Fertilizers, have been allowed to file Bill of Entries at Indian ports for import of Urea (for agriculture purpose) on Government Account.
For Official Notification Download PDF Given Below:About Author
Reetu
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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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