Directorate General of Foreign Trade (DGFT) has extended the Status of State Trading Enterprise (STE) for Indian Potash Limited (IPL) for the import of agricultural-grade Urea until March 31, 2026. This amendment, issued under Notification No. 65/2024-25-DGFT on March 18, 2025, modifies the import policy conditions under ITC(HS) Code 31021010 in Schedule I of the Import Policy. The extension follows previous notifications and is in accordance with Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, along with the provisions of the Foreign Trade Policy (FTP) 2023.
Under this notification, the import of Urea for agricultural purposes on the government account will continue exclusively through IPL, subject to compliance with Para 2.21 of FTP 2023. The policy change aims to ensure a stable supply of Urea for agricultural needs while maintaining the regulatory framework for fertilizer imports. All other terms and conditions remain unchanged from the previous Notification No. 79/2023, dated March 18, 2024.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanqya Bhawan
Notification No. 65/2024-25-DGFT | Dated: 18 March 2025
Subject: Amendment in import policy condition of Urea [Exim Code 31021010] in the ITC (HS) 2022, Schedule I (Import Policy) – Regarding.
S.O. (E): 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 (FTP), 2023, as amended from time to time, and in continuation of Notification Nos. 54/2015-20 dated 24.02.2023, 61/2015-20 dated 22.03.2023 and 79/2023 dated 18.03.2024, the Central Government hereby extends the STE status of Indian Potash Limited (IPL) from 31.03.2025 to 31.03.2026 for import of Urea on Government account, by amendment in Import Policy Condition under ITC(HS) Code 31021010 of Chapter 31 of ITC (HS), 2022, Schedule — I (Import Policy), All other terms and conditions remains the same as in the Notification No. 79/2023 dated 18.03.2024.
Effect of this Notification:
Import of Urea (Agricultural grade) on Government account is allowed through Indian Potash Limited (IPL) subject to Para 2.21 of FTP 2023, till 31.03.2026.
This issues with the approval of Minister of Commerce & Industry.
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to Got
Email: dgft@rmain
[Issued from F. No. 0-1/89/180/102/AM-021PC-2(A)Part-111E-1715]
