Extension in import period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS), 2022, Schedule –I (Import Policy) – NOTIFICATION No. 04/2023
S.O. 1633(E).—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 and No. 61/2023 dated 23.02.2024, 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:- (Changes made are in bold letters)
| 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 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 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 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 |
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 tor all import consignments where Bill of Lading (Shipped on Board) is issued on or before 30th June 2024.
This is issued with the approval of the Minister of Commerce & Industry.
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