DGFT Asks for Data on Pending Contracts to Determine Peas Quota Available in 1LT Limit

[Trade Notice No. 05/2018 dated 9 May 2018]

Subject: Implementation of Notification No.4 dated 25.4.2018.

Reference is invited to Notification No.4 dated 25.4.2018 amending the import policy of Peas under Exim Code 07131000, Chapter 7 of the ITC (HS) 2017 on the above subject.

2. In this regard, as already notified, total quantity of Peas available for import during the period from 01st April to 30th June, 2018 is one lakh MT minus the quantity already imported from 01.04.2018.

3. Accordingly, to assess the remaining balance, importers who have already contracted for import of peas before the date of issue of the Notification and have paid in advance (full or in part) for the same or have opened irrevocable letters credit for such imports before 25.04.2018, they may furnish such documents indicating the quantity contracted and .amount paid, so as to enable this Directorate to lay down further procedure for import of the remaining quantity.

4. The requisite information, alongwith supporting documents may kindly be furnished latest by 18th May, 2018 (5.00 pm) at policy2-dgft@nic.in and shyama.roy@nic.in.