Home India Ministry of Commerce and Industry Extension in Import Period for Yellow Peas under ITC HS Code...
Date: 2026-04-02 Category: Extra Ordinary State: Union Government Country: India

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

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** The Ministry of Commerce and Industry has issued Notification No. 70/2025-26 to extend the import period for Yellow Peas (ITC HS Code 07131010) until March 31, 2027. The document specifies that imports will remain "Free" from Minimum Import Price (MIP) conditions and port restrictions during this period. To qualify, importers must ensure the Bill of Lading is issued on or before the March 31, 2027, deadline and complete mandatory registration under the online Import Monitoring System. **Key Points / Main Content** **Import Policy Extension** * The current import policy for Yellow Peas under ITC (HS) Code 07131010, previously valid until March 31, 2026, is officially extended to March 31, 2027. * All other terms and conditions from previous relevant notifications remain unchanged and in effect. **Relaxed Import Conditions** * **"Free" Import Status:** Import of Yellow Peas is categorized as "Free" during this extension period. * **No MIP:** The Minimum Import Price (MIP) condition does not apply to these imports. * **No Port Restrictions:** There are no specific port restrictions for the entry of these consignments. **Compliance and Eligibility** * **Registration Requirement:** All imports are subject to mandatory registration under the online Import Monitoring System. * **Bill of Lading Deadline:** The extension applies exclusively to import consignments where the Bill of Lading (Shipped on Board) is issued on or before March 31, 2027. * **Immediate Effect:** The notification and its provisions come into effect immediately. **Impact Analysis** **Importers of Yellow Peas** **Impact** Importers gain an additional year to bring Yellow Peas into India without the constraints of minimum pricing or specific port limitations. This provides continued flexibility in sourcing and logistics. **Action Required** Importers must register every shipment through the online Import Monitoring System and ensure that the "Shipped on Board" date on the Bill of Lading is no later than March 31, 2027. **Directorate General of Foreign Trade (DGFT) and Customs Authorities** **Impact** These bodies are responsible for overseeing the extended window and ensuring that all incoming shipments of Yellow Peas meet the new temporal and procedural requirements. **Action Required** Authorities must facilitate the registration process via the online Import Monitoring System and verify that the Bill of Lading for all "Free" consignments falls within the sanctioned period ending March 31, 2027.

Key Entities Referenced

Foreign Trade (Development & Regulation) Act, 1992: The primary legislation under which the Central Government exercises powers to regulate and amend the import and export policy. Foreign Trade Policy (FTP) 2023: The policy framework referenced for the administration and modification of trade conditions. Directorate General of Foreign Trade (DGFT): The primary regulatory body under the Ministry of Commerce and Industry responsible for issuing this notification and overseeing trade policy. ITC(HS), 2022, Schedule -I (Import Policy): The official classification and policy schedule that defines the import conditions and restrictions for Yellow Peas (Code 07131010). Import Monitoring System: The online registration platform required for the 'Free' import of consignments under this notification.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-04042026-271571 CG-DxLx-xEG-I0D4H0x4x2x0 26-271571 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1652] िई ददल्ली, बृहस्ट्प जतवार, अप्रलै 2, 2026/चत्रै 12, 1948 No. 1652] NEW DELHI, THURSDAY, APRIL 2, 2026/CHAITRA 12, 1948 वाजणज्य एव ं उद्योग मत्रं ालय (वाजणज्य जवभाग) (जवदेि व्यापार महाजिदेिालय) अजधसचू िा िई ददल्ली, 31 माच,च 2026 स.ं 70/2025-2026 जवषयः आइटीसी (एचएस), 2022, अिसु चू ी-I (आयात िीजत) के अध्याय 07 के आइटीसी (एचएस) कोड 07131010 के तहत पीली मटर के जलए आयात अवजध को बढाि े के सबं धं म।ें का.आ. 1717(अ).— समय-समय पर यथा संिोजधत जवदेि व्यापार िीजत (एफटीपी) 2023 के पैरा 1.02 और 2.01 के साथ पठित जवदेि व्यापार (जवकास एव ंजवजियमि) अजधजियम, 1992 की धारा 3 और धारा 5 द्वारा प्रदत्त िजियों को प्रयोग करते हुए, और ददिाकं 08.12.2023 की अजधसूचिा स.ं 50/2023, ददिांक 23.02.2024 की अजधसूचिा संख्या 61/2023, ददिांक 05.04.2024 की अजधसूचिा संख्या 04/2023, ददिांक 08.05.2024 की अजधसूचिा स.ं 12/2024- 25, ददिांक 13.09.2024 की अजधसूचिा संख्या 29/2024-25, ददिांक 24.12.2024 की अजधसूचिा संख्या 43/2024- 25 और ददिांक 10.03.2025 की अजधसूचिा संख्या 63/2024-25 और ददिांक 31.05.2025 की अजधसूचिा स.ं 16/2025-26 के क्रम म,ें केन्द्र सरकार एतद्द्वारा आइटीसी (एचएस), 2022 की अिुसूची-I (आयात िीजत) के अध्याय 07 के आइटीसी (एचएस) कोड 07131010 के अंतगचत पीली मटर के जलए मौिूदा आयात िीजतगत ित,च िो दक 2417 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] ददिांक 31 माच,च 2026 तक वधै ह,ै को ददिाकं 31 माच,च 2027 तक बढाती ह।ै अन्द्य सभी जियम और ितें उपयिुच संदर्भचत अजधसूचिाओं के अिुसार यथावत रहगें े। अजधसचू िा का प्रभाव: आइटीसी (एचएस) कोड 07131010 के तहत पीली मटर का आयात एमआइपी ित च के जबिा और पत्ति प्रजतबंध के जबिा सभी आयात खेप, िहां लदाि जबल (पोतलदाि दकया गया) ददिाकं 31 माच,च 2027 को या उसस े पहल े तत्काल प्रभाव स े आयात जिगरािी प्रणाली के तहत पंिीकरण के अध्यधीि ‘मुि’ ह।ै इस े वाजणज्य एव ं उद्योग मंत्री के अिुमोदि स े िारी दकया िाता ह।ै [फा. स. ं M-5012/300/2002/PC-2[A]/Part-VI/E-9019] लव अग्रवाल, महाजिदिे क जवदिे व्यापार एव ं पदेि अपर सजचव MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 31st March, 2026 No. 70/2025-26 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. 1717(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, 29/2024-25 dated 13.09.2024, 43/2024-25 dated 24/12/2024, 63/2024- 25 dated 10.03.2025 and 16/2025-26 dated 31.05.2025, the Central Government hereby extends the current Import Policy Condition for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule -I (Import Policy), which is valid till 31st March, 2026, upto 31st March, 2027. All other terms and conditions 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 the 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 March 2027. 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] LAV AGARWAL, Director General of Foreign Trade & Ex- officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research