Minister Imposes Complete Ban on Peas Import
·
MIP
of Rs. 200 per kg Slapped with Port Restriction to
Only Kolkata
·
Trade
says Landed Price will be in Range of Pistachios after 50% Duty
·
Goods
in Transit Backed by LC will be protected through Transition Provision of Para
1.05 of FTP, Others cannot cleared even by Fine and Penalty
[DGFT Notification No.37/2015-2020 dated 18 December 2019]
Effect of the Notification: Import of Peas (Pisum sativum)
including Yellow peas, Green peas, Dun Peas and Kaspa
Peas is restricted and import subject to MIP of Rs.200/- CIF per kilogram and
import is allowed only through Kolkata sea port.
Subject: Amendment in
import policy and Policy condition under HS code 0713 1000 of Chapter 7 of ITC (HS),
2017, Schedule- I (Import Policy).
S.O. (E): In exercise
of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph
1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time,
the Central Government hereby amends import policy and policy conditions under HS
code 0713 1000 of Chapter 7 of ITC (HS), 2017, Schedule- I (Import Policy), as under:
|
Exim
code |
Item
description |
Existing
import policy |
Revised
policy |
Existing
Policy condition |
Revised
Policy condition |
|
071310
00 |
Peas
(Pisum sativum) including
Yellow peas, Green peas, Dun Peas and Kaspa Peas. |
Restricted |
Restricted
and subject to Minimum Import Price (MIP) of Rs.200/ CIF per kg |
Import
of Peas shall be subject to an annual (fiscal year) quota of 1.5 lakh MT as
per procedure notified by DGFT. This
Restriction shall not apply to Government's import commitments under any
Bilateral or Regional Agreement or Memorandum of Understanding |
Import
of Peas shall be subject to an annual (fiscal year) quota of 1.5 lakh MT as
per procedure notified by DGFT and it will be subject to 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 Government's import commitments under any Bilateral or Regional Agreement
or Memorandum of Understanding. |
This issues with the approval of Minister of
Commerce & Industry
(F.No. 14/3/2018-EP
(Agri.lll))