FOREIGN TRADE NOTIFICATION
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Body NOTIFICATION No. 61/2023, Dated 23rd February, 2024

Subject: Extension in Import Period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS), 2022, Schedule -I (Import Policy).

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 to Notification No. 50/2023 dated 08.12.2023, the Central Government hereby amends Import Policy conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule -I (Import Policy) as under-

ITC(HS) Code &

Description

Existing Policy Condition

Revised Policy Condition

07131010-

Yellow Peas

a) Import is 'Free' without the MIP condition and without Port Restriction, for the period up to 31^st March 2024. Import consignments where Customs out-of-charge is issued after 31^st March 2024 shall not be considered as 'Free'.

b) With effect from 1^st April 2024, the 'Restricted' Import Policy and associated Policy conditions as existing prior to this Notification shall come into force.

c) All import of Yellow Peas during this period up to 31^st March 2024 shall be allowed subject to compulsory registration under the Import Monitoring System.

a) Import is 'Free' without the MIP condition and without Port Restriction, for Import consignments where Bill of Lading (Shipped on Board) has been issued on or before 30^th April 2024.

b) Imports where Bill of Lading (Shipped on Board) is issued after 30th April 2024 shall be 'Restricted' and associated Import Policy Conditions as existing prior to DGFT Notification 50/2023 dated 08.12.2023 shall come into force.

c) All Import of Yellow Peas where Bill of Lading (Shipped on Board) is dated on or before 30th April 2024 shall be subject to compulsory registration and uploading the copy of Bills of Lading under the Import Monitoring System.

2. Revised Procedures in regard to prior registration of Yellow Peas consignments under the Import Monitoring System shall be notified separately.

Effect of the Notification: Import of Yellow Peas under ITC(HS) Code 07131010 is "Free" without the MIP condition and without Port Restriction, subject to registration under the Import Monitoring system, with immediate effect for all Import Consignments where Bill of Lading (Shipped on Board) is issued on or before 30th April 2024.

This is issued with the approval of the Minister of Commerce & Industry.

SANTOSH KUMAR SARANGI,

Director General of Foreign Trade & Ex-officio

Addl. Secy. to Govt, of India

Email: dgft@nic.in

[Issued from F. No.M-5012/300/2002/PC-2[A]/Part-VI/E-9019]