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.