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Core Purpose

Extends the import period for yellow peas under ITC(HS) Code 07131010 to 28th February 2025, modifying import policy conditions.

Detailed Summary

The Directorate General of Foreign Trade, Ministry of Commerce and Industry, issues a notification extending the import period for yellow peas under ITC(HS) code 07131010 until February 28, 2025. This notification amends the existing import policy, making the import of yellow peas 'free' from Minimum Import Price (MIP) conditions and port restrictions for consignments where the Bill of Lading is issued on or before this date. This extension is in continuation of previous notifications and is exercised under powers from the Foreign Trade (Development & Regulation) Act, 1992 and Foreign Trade Policy 2023.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-01012025-259788 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 5234] NEW DELHI, TUESDAY, DECEMBER 31, 2024/PAUSHA 10, 1946 MINISTRY OF COMMERCE & INDUSTRY (Department of Commerce) Directorate General of Foreign Trade NOTIFICATION New Delhi,the 24th December, 2024 No. 43/2024-25 Subject: Extension in Import Period for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC (HS) 2022, Schedule –I(Import Policy) -reg S.O. 5654 (E).—In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, and in continuation to Notification Nos. 50/2023 dated 08.12.2023, 61/2023 dated 23.02.2024, 04/2023 dated 05.04.2024, 12/2024-25 dated 08.05.2024 and 29/2024-25 dated 13.09.2024, the Central Government hereby extends current Import Policy Conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule –I (Import Policy) from 31th December 2024 to 28th February 2025. All other terms and condition remain the same as in the above referred notifications. Effect of the Notification: Import of Yellow Peas under ITC(HS) Code 07131010 is “Free” without the MIP condition and without Port Restriction, subject to registration under online Import Monitoring System, with immediate effect for all import consignments where Bill of Lading(Shipped on Board) is issued on or before 28th February 2025. This is issued with the approval of the Minister of Commerce & Industry. [ F. No.M-5012/300/2002/PC-2[A]/Part-VI/E-9019] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex- officio Addl. Secy.

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