Government Extends Import Policy for Yellow Peas Until May 31, 2025.
In a recent move, the Indian government has extended the current Import Policy conditions for Yellow Peas under ITC(HS) Code 07131010. Originally set to expire on February 28, 2025, the new deadline is now pushed to May 31, 2025. This extension follows a series of notifications and ensures that the import of Yellow Peas remains “Free” of any Minimum Import Price (MIP) conditions or port restrictions.
This means that all import consignments with a Bill of Lading issued before May 31, 2025, will not be subject to any additional restrictions, except for the requirement to register under the online Import Monitoring System (IMS).
Key Takeaways:
• Yellow Peas imports (ITC HS Code 07131010) remain unrestricted under the extended policy.
• No MIP condition or port restrictions apply.
• Importers must still register through the IMS system.
• The new import deadline is now May 31, 2025.
This extension is expected to help streamline imports and provide greater flexibility for businesses involved in importing Yellow Peas. Make sure to stay updated and comply with the necessary registration requirements to ensure smooth transactions.
This is issued with the approval of the Minister of Commerce & Industry.
DGFT
Legal
Company Secretarial
DGFT Notifications
Others
Recent Posts
- Deadline for Filing Annual RODTEP Return (ARR) for FY 2023-24 Extended to 30th June 2025
- Advance Authorisation License Norms Fixation: Everything You Need to Know in 2025
- Advance License Authorisation Amendment: Latest Updates and Simplified Guide (2025)
- Bombay High Court Rules: No Interest or Penalty on IGST for Past Imports under Advance Authorisation
- Advance Authorisation License Clubbing: A Complete 2025 Guide to New Rules, Benefits & Compliance
- Call for Feedback: Review of Automobile Tyre SIONs
- Revalidation and Extension of Export Obligation Period for Advance Authorisation License
- How to Procure Raw Materials Domestically Through ‘Advance Authorisation License’ Invalidation
FeATURED ARTICLES
Deadline for Filing Annual RODTEP Return (ARR) for FY 2023-24 Extended to 30th June 2025 As per the recent update…
Advance Authorisation License Norms Fixation: Everything You Need to Know in 2025 For Indian exporters, obtaining an Advance Authorisation license…
Advance License Authorisation Amendment: Latest Updates and Simplified Guide (2025) The Advance License Authorisation Amendment process is an important step…
Bombay High Court Rules No Interest or Penalty on IGST for Past Imports under Advance Authorisation In a landmark judgment,…
