Govt makes it mandatory to register import of yellow peas under import monitoring system till March 2024

Posted on:
Key Points

The government has made it mandatory to register import of yellow peas under the import monitoring system till March 31 next year, according to a notification..

From April 1, 2024, the Directorate General of Foreign Trade (DGFT) said that the restricted import policy and associated policy conditions will come into effect.. "Imports of yellow peas... is free subject to registration under the import monitoring system with immediate effect for the period up to March 31, 2024..

MIP (Minimum Import Price) conditions and port restrictions shall also not to be applicable to such yellow peas import for the period up to March 31, 2024," the DGFT notification has said.. Till now, the import was subject to an annual (fiscal year) quota MIP of Rs 200 and above CIF (cost, insurance, freight) per kilogramme, and import is allowed through Kolkata Sea port only...

You might be interested in

India removes minimum import price for yellow peas

08, Dec, 23

“Import of Yellow Peas… is “Free” subject to registration under the Import Monitoring system with immediate effect for the period up to March 31, 2024,” the Directorate-General of Foreign Trade (DGFT) said in a notification. MIP condition and port restrictions shall also not apply ot such Yellow Peas imports till then. India imported $0.14 million worth yellow peas in FY23- all from Russia.