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India extends free import of yellow peas till October.


Date: 09-05-2024
Subject: India extends free import of yellow peas till October
New Delhi: India has extended the free import of yellow peas by four more months until October 2024, the Directorate General of Foreign Trade (DGFT) said in a notification, adding that the import is permitted without the minimum import price (MIP) and port restriction conditions.


In December last, the government allowed duty-free imports of yellow peas until March 2024, which was extended till April and then June.


"Import of yellow peas...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 October 31, 2024," the DGFT said.

Import of yellow peas is allowed after registration under the import monitoring system for all consignments where bill of lading (shipped on board) is issued on or before October 31.
In April-February FY24, the import of yellow peas was $235.92 million as against $0.14 million in FY23.

Source Name : Economic Times
 


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