Peas Import Restricted for Three Months
[DGFT Notification No. 04/2015-2020 dated 25
April 2018]
Effect of this
Notification: Import policy of Yellow Peas under Exim Code 0713 1000 is revised
from ‘free' to 'restricted' for a period of three month only.
Subject: Amendment in
import policy of Peas under Chapter 7 of the lTC (HS)
2017, Schedule -I (Import Policy)
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 the import policy of items of Chapter 7 of
the lTC (HS)2017, Schedule- I (Import Policy) as under:
|
Exim
Code |
Item
Description |
Existing
Policy |
Existing
policy condition |
Revised
Import Policy |
Revised
Policy condition |
|
07131000 |
Peas
(Pisum sativum) |
Free |
- |
Restricted |
Restricted
for the period from 01st April to 30th June, 2018 and subject to Policy
Condition 4 of this Chapter |
Policy Condition 4:
During the period from 01st April to 30th June, 2018 total quantity of one lakh
MT of yellow peas minus the quantity already imported from 01.04.2018 till date
will be allowed against license as per procedure to be notified by DGFT.
"Already
Imported" will include shipment already arrived from 01.04.2018 till 25.04.2018
and those shipments backed by Irrevocable Commercial Letter of Credit (ICLC) and
Advance Payment made through Banking Channel before 25.04.2018. Both these categories
will be required to be registered with Jurisdictional Regional Authority as per
Para 1.05 of Foreign Trade Policy, 2015-20.