DGFT Allows 125 MT of Peas Import per Contract Irrespective of Advance Payment Made Before 25 April 2018

[Trade Notice No. 25/2018-19 dated 17 August 2018]

Subject: Allowing import of 125 MT of Peas (under Exim Code 07131000) or less (entire quantity as applied) per contract irrespective of advance payment made before 25.04.2018.

Reference is invited to the Notification No. 04, dated 25.04.2018 and Trade Notice No. 19/2018-19, dated 05.07.2018, wherein it was provided that RAs shall issue Registration Certificate for quantity proportionate to the amount paid in advance by the importer before 25.04.2018.

2 Subsequently, representations / applications have been received from various small importers to consider their request for allowing them to import a minimum quantity of 3 to 5 FCL per contract to enable recovering their funds locked with the overseas suppliers. Considering the hardships faced by the small importers, it has accordingly been decided to allow import of minimum 125 MT (5 FCL) of Peas (under Exim Code 07131000) per contract or less (entire quantity as applied), irrespective of the advance payment made before 25.04.2018.

3. Eligible applicants may accordingly approach their concerned jurisdictional Regional Authorities for registering and enhancement of their contracts. RAs shall issue/amend the Registration Certificate allowing import of 125 MT (5 FCL) of Peas (under Exim Code 07131000) or less (entire quantity as applied) per contract, irrespective of the advance payment made by the importers before 25 04.2018.

[Issued from F. No. M-5012/300/2002/PC-2[A]/Part-1114E-3970NP-11134]