Central Govt. amends Import Policy and Policy Conditions for Yellow Peas
The Central Government amends the Import Policy and the Policy Conditions for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS), 2022.
The amendment states that –
- Import is “Free” without the Minimum Import Price condition and without Port Restriction, for the period up to 31st March, 2024. Import Consignments where Customs out-of-charge is issued after 31st March, 2024 shall not be considered “Free”.
- With effect from 1st April, 2024 the “Restricted” import policy and the associated policy conditions as existing prior to this Notice comes into force.
- All Import of Yellow Peas during this period up to 31st March 2024 shall be allowed subject to compulsory registration under the Import Monitoring System.
|
HS Code & Description |
Existing Import Policy |
Existing Policy Condition |
Revised Import Policy |
Revised Policy Condition |
|
07131010 – Yellow Peas |
Restricted |
Import of Peas shall be subject to an annual (fiscal year) quota Minimum Import Price (MIP) of Rs. 200/- and above CIF per kilogram and import is allowed through Kolkata Sea port only. This restriction shall not apply to governments import commitments under any Bilateral or Regional Agreement or Memorandum of Understanding. |
Free |
a). Import is “Free” without the Minimum Import Price (MIP) condition and without Port Restriction, for the period up to 31st March, 2024. Import Consignments where Customs out-of-charge is issued after 31st March, 2024 shall not be considered “Free”. b). With effect from 1st April, 2024 the “Restricted” import policy and the associated policy conditions as existing prior to this Notice comes into force. c). All Import of Yellow Peas during this period up to 31st March 2024 shall be allowed subject to compulsory registration under the Import Monitoring System. |
DGFT
Legal
Company Secretarial
DGFT Notifications
Others
Recent Posts
- Procedure for export of sesame seeds to the United States of America (USA)
- Modification of SION E-125 for export of Shea Stearine.
- Fixation of one new Standard Input Output Norms (SIONS) at SION A-3683 under ‘Chemical and Allied Product’ (Product Code ‘A’).
- Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023
- DGFT implements Import Management System for import of restricted IT Hardware.
- CPCB starts new module to register new PIBOs under micro and small-category
- Launch of the Revamped Preferential Certificate of Origin (eCoO) 2.0 System.
- Extension of Broken Rice Export to Senegal and Gambia through NCEL: What It Means for Traders.
FeATURED ARTICLES
Procedure for export of sesame seeds to the United States of America (USA) The Indian government has announced updated export…
Modification of SION E-125 for export of Shea Stearine In exercise of the powers conferred under Paragraph 1.03 of Foreign…
Fixation of one new Standard Input Output Norms (SIONS) at SION A-3683 under ‘Chemical and Allied Product’ (Product Code ‘A’)….
Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023 The Directorate General of Foreign Trade (DGFT) has clarified…
