𝐒 𝐉 𝐄𝐗𝐈𝐌 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬

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Dated: 13.03.2025

DGFT Extends Free Import Policy for Yellow Peas Until May 31, 2025

The Government of India, through the Directorate General of Foreign Trade (DGFT), has issued Notification No. 63/2024-25 dated 10 March 2025, extending the import period for Yellow Peas (ITC HS Code: 07131010) under Chapter 07 of the ITC (HS) 2022 Schedule-I (Import Policy).

Key Highlights:

1. Extension of Import Period:

• The import policy conditions for Yellow Peas have been extended from 28th February 2025 to 31st May 2025.
• This is a continuation of earlier notifications, including Nos. 50/2023, 61/2023, 04/2023, 12/2024-25, 29/2024-25, and 43/2024-25.

2. Import Policy Status:

• The import of Yellow Peas remains “Free” without the Minimum Import Price (MIP) condition and without any port restrictions.
• However, importers must register under the Online Import Monitoring System.

3. Effective Date & Applicability:

• The relaxation applies with immediate effect to all import consignments where the Bill of Lading (Shipped on Board) is issued on or before 31st May 2025.

4. Legal Basis:

• Issued under the Foreign Trade (Development & Regulation) Act, 1992, in line with the Foreign Trade Policy (FTP) 2023.

Effect of the Notification:

The import of Yellow Peas continues without restrictions until 31st May 2025, providing flexibility to importers, subject to Import Monitoring System registration.

In case you face any issues related to Indirect Tax-Customs, GST, Foreign Trade Policy (FTP), Arbitration matters and Central Licensing and related advisory matters in India then please feel free to get in touch with SJ EXIM Services.

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Source: DGFT, Ministry of Commerce, Govt. of India

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