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The Central Government has extended the State Trading Enterprise (STE) status of Indian Potash Limited (IPL) for importing Urea [Exim Code 31021010] on Government account from March 31, 2025, to March 31, 2026. This amendment to the import policy condition under ITC(HS) Code 31021010 of Chapter 31 of ITC (HS), 2022, Schedule - I (Import Policy) was made pursuant to powers under Sections 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023. All other terms from Notification No. 79/2023 remain unchanged.
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