Extension in Import Period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS) 2022, Schedule -I (Import Policy) - 12/2024-25 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan Notification No. 12/2024-25 New Delhi, Dated: 08th May, 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) reg. S.O. 1966 (E). ln 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 Nos. 50/2023 dated 08.12.2023 , 61/2023 dated 23.02.2024 and 04/2023 dated 05.04.2024 , 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 Item Description Existing Policy Condition Revised Policy Condition 07131010-- Yellow peas 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 30th June 2024. b) Imports where Bill of Lading (Shipped on Board) is issued after 30th June 2024 shall be 'Restricted' and associated Import Policy Conditions as existing prior to the DGFT Notification 50/2023 dated 08.12.2023 shall come into force. c) All imports of Yellow Peas where Bill of Lading (Shipped on Board) is dated on or before 30th June 2024 shall be subject to compulsory registration under the online 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 3 1 st October 2024. b) Imports where Bill of Lading (Shipped on Board) is issued after 3 1 st October 2024 shall be 'Restricted' and associated Import Policy Conditions as existing prior to the DGFT Notification 50/2023 dated 08.12.2023 shall come into force. c) All imports of Yellow Peas where Bill of Lading (Shipped on Board) is dated on or before 3 1 st October 2024 shall be subject to compulsory registration under the online Import Monitoring System. 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 online Import Monitoring System, with immediate effect for all import consignments where Bill of Lading (Shipped on Board) is issued on or before 31st October 2024. This is issued with the approval of the Minister of Commerce Industry. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: [email protected] [Issued from F.No.M-5012/300/2002/PC-2[A]/Part-VI/E-9019]