Extension in Import Period for Yellow Peas under ITC HS Code 07131010 of Chapter 07 of ITC HS 2022 Schedule IImport Policy reg

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-09052024-254145 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1873] NEW DELHI, THURSDAY, MAY 9, 2024/VAISAKHA 19, 1946 MINISTRY OF COMMERCE & INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 8th May, 2024 No.12/2024-25 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. 1966(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 and 04/2023 dated 05.04.2024, the Central Government hereby amends Import Policy Conditions for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule –I (Import Policy) as under:- +---------------------------------+---------------------------------------------------------------------------------+---------------------------------------------------------------------------------+ | ITC(HS) Code & Item Description | Existing Policy Condition | Revised Policy Condition | +=================================+=================================================================================+=================================================================================+ | 07131010-- | a) Import is 'Free' without the MIP condition and | a) Import is 'Free' without the MIP condition and | | Yellow Peas | without Port Restriction, for Import consignments | without Port Restriction, for Import consignments | | | where Bill of Lading (Shipped on Board) has been | where Bill of Lading (Shipped on Board) has been | | | issued on or before 30th June 2024. | issued on or before 31st October 2024. | | | | | | | b) Imports where Bill of Lading (Shipped on | b) Imports where Bill of Lading (Shipped on | | | Board) is issued after 30th June 2024 shall be | Board) is issued after 31st October 2024 shall be | | | 'Restricted' and associated Import Policy | 'Restricted' and associated Import Policy | | | Conditions as existing prior to the DGFT | Conditions as existing prior to the DGFT | | | Notification 50/23 dated 08.12.2023 shall come | Notification 50/23 dated 08.12.2023 shall come | | | into force. | into force. | | | | | | | c) All imports of Yellow Peas where Bill of | c) All imports of Yellow Peas where Bill of | | | Lading (Shipped on Board) is dated on or before | Lading (Shipped on Board) is dated on or before | | | 30th June 2024 shall be subject to compulsory | 31st October 2024 shall be subject to compulsory | | | registration under the online Import Monitoring | registration under the online Import Monitoring | | | System. | System | +---------------------------------+---------------------------------------------------------------------------------+---------------------------------------------------------------------------------+ 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 31st October 2024. 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.