Pulses Import Restriction Lifted

Toor, Moong and Urad Shifted from “Restricted” to “Free” with immediate effect

·    Free Policy will be in effect for only six months or so (till 31st Oct 2021).

·    Stop-go Policy Hits Market, Sudden Policy Reversed after Madras High Court Frown on Licensing Barriers

·    One month grace for past commitments, All consignments to be cleared before 30th Nov 2021 and BL date should be 31st Oct or before

·    Modi reverses pulse policy, removes import licensing barrier to pull in supplies to help consumer of tur arhar, urad and moong. says, Go to hell, farmers..

·    About turn, Signal change in mid-season.

·    Pending Import Licence Applications Infructuous, No Refund of Application Fee

·    Export Prices in Growing Areas Rise as Domestic Market Falls

·    Consumer may benefit as imports and fresh crop in local market may dampen consumer price, Government gives up on playing to farmers gallery

·    Customs calls upon field officers not to create hurdles in import, Consumer Affairs department to watch import movement

·    Zero duty FTA window from LDC countries is best option for importers

·    In the meanwhile, pump price of fuel crosses Rs.100 mark due to farm surcharge introduced last year.

 

[Department of Commerce Gazette Notification dated 15 May 2021]

Effect of the Notification: Import policy for Tur /Pigeon Peas (Cajanus Cajan); Moong [Beans of the SPP Vigna Radiata (L.) Wilczek] and Urad [Beans of the SPP Vigna Mungo (L.) Hepper] is revised from “Restricted” to “Free” with immediate effect and for the period up to 31st October 2021. Further, import consignments of these items with Bill of Lading issued on or before 31st October, 2021 shall not be allowed by Customs beyond 30th November 2021.

S.O. 1858(E).—In exercise of powers conferred by section 3 read with section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992), read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government, in supersession of Notification No.19/2015-20 dated 5th August, 2017; Notification No.22/2015-2020 dated 21st August, 2017; Notification S.O. 1266(E) dated 19th March, 2021; and Notification S.O. 1372(E) dated 26th March, 2021, hereby amends the import policy of the following items of Chapter 7 of ITC (HS), 2017, Schedule – I (Import Policy) with immediate effect and for the period up to 31st October 2021, as under:

Exim Code

Item Description

Existing Import Policy

Revised Import policy

0713 60 00

Tur /Pigeon Peas (Cajanus Cajan)

Restricted

Free

0713 31 90

Moong [Beans of the SPP Vigna Radiata (L.) Wilczek]

Restricted

Free

0713 3110

Urad [Beans of the SPP Vigna Mungo (L.) Hepper]

Restricted

Free

2. Further, for import of the above-mentioned three items, Bill of Lading should be issued on or before 31st October, 2021 and import of such consignment shall need to be cleared from Customs on or before 30th November, 2021.

[F. No. 14/1/2021-EP(Agri-III)]