Amendment of Import Policy and Policy Conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule –I (Import Policy).

pe To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (II)

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade

| |

Notification No.50 /2023 New Delhi, Dated: ost December, 2023

Subject: Amendment of Import Policy and Policy Conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule —I (Import Policy).

S.O. (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, the Central Government hereby amends Import Policy and Policy conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule -I (Import Policy) as under—

|HS Code &<br>Description|[Existing<br> |Import|(Existing Policy<br>{Condition|(Existing Policy<br>{Condition||||Revised <br>Import||Revised Policy<br>|Condition|
|---|---|---|---|---|---|---|---|---|
||Polic||||||Polic||
|07131010--<br>YellowPeas||Restricted||Import of Peas<br>shall<br>be/Free<br>subject to an annual (fiscal<br>year)<br>quota<br>Minimum||||||a)<br>Import<br>is<br>‘Free’<br>without<br>— the<br>MIP<br>condition and without|
|||Import Price (MIP)||||of|Rs.|Port<br>Restriction,<br>for|
|||200/- and above|||CIF||per|the period up to 31°|
|||kilogram<br>and||import|||is|March<br>2024.<br>Import|
|||allowed<br>through||||Kolkata||consignments<br>where|
|||Sea _<br>port|only.|||This||Customs<br>out-of-|
|||Restriction shall||not apply||||charge is issued after|
|||to<br>Governments||||import||31° March 2024 shall|
|||commitments|under||||any|not be considered as|
|||Bilateral<br>or|||Regional|||‘Free’.|
|||Agreement|||||or||
|||Memorandum|||||of|b) With effect from 1°|
|||Understanding.||||||April<br>2024,<br>the<br>‘Restricted’<br>import|
|||||||||policy and associated|
|||||||||policy<br>conditions<br>as|
|||||||||existing<br>prior<br>to<br>this|
|||||||||Notification shall come|
|||||||||into force.|
|||||||||c) All import of Yellow|
|||||||||Peas<br>during _ this<br>period<br>up<br>to<br>31%|
|||||||||March 2024<br>shall<br>be|
|||||||||allowed<br>subject<br>to|
|||||||||compulsory|
|||||||||registration under the|
|||||||||Import<br>Monitoring|
|||||||||System.|

==> picture [40 x 18] intentionally omitted <==

----- Start of picture text -----<br> eo<br>----- End of picture text -----<br>

an 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” subject to registration under the Import Monitoring system with immediate effect for the period up to 31*t March 2024. MIP condition and Port Restriction shall also not be applicable to such Yellow Peas imports for the period up to 31®t March 2024.

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

(Santosh Kumar Sarangi) Director General of Foreign Trade & Ex- officio Addl. Secretary to the Government of India E-mail: dgft@nic.in

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