## Report on Amendment to Foreign Trade Policy Regarding Urad Bean Imports
**1. Executive Summary:**
This report analyzes a notification amending the Foreign Trade Policy 2015-2020, specifically concerning the import of Urad beans (SPP Vigna Mungo L. Hepper). The amendment extends the last date for import of 1.5 Lakh Metric Tons (MT) of Urad beans under specified HS codes from April 30, 2021, to May 15, 2021. This extension aims to provide additional time for importers to complete import procedures, potentially mitigating disruptions to the supply chain.
**2. Introduction:**
This report provides an informative overview of a recent amendment to India's Foreign Trade Policy (FTP) 2015-2020. The analysis is based solely on the provided notification text, focusing on the changes related to the import of Urad beans. The purpose is to inform affected industries about this specific change.
**3. Policy Overview:**
This notification is an amendment to the Foreign Trade Policy 2015-2020, as modified from time to time. The core objective of the *original* policy (as inferred from this amendment) includes the regulation and facilitation of foreign trade, specifically the import of agricultural commodities.
**4. Background and Rationale:**
This amendment likely addresses a logistical or market-related constraint that prevented importers from completing the import of Urad beans by the original deadline of April 30, 2021. Extending the deadline suggests an acknowledgement of potential delays or disruptions in the import process. The government likely seeks to ensure a sufficient supply of Urad beans by granting this extension.
**5. Key Provisions / Changes:**
This notification specifically amends Notification S.O. No. 1261(E) dated 19th March, 2021. The key change is:
* **Original Provision (Implied):** The original notification set a deadline of April 30, 2021, for the import of 1.5 Lakh MT of Urad beans under HS Codes 0713 31 10, 0713 90 10, and 0713 90 90 for the fiscal year 2020-21.
* **New Provision:** The amended notification *extends* this deadline to May 15, 2021, for the same quantity and HS codes of Urad beans.
* **Effect of Change:** The effect of this change is to provide importers with an additional 15 days to complete the import of Urad beans, alleviating potential pressures related to the original deadline.
**6. Target Audience and Stakeholders:**
The primary target audience includes:
* Importers of Urad beans, specifically those importing under HS Codes 0713 31 10, 0713 90 10, and 0713 90 90.
* Customs authorities involved in the clearance of Urad bean imports.
* Related industries that rely on the supply of Urad beans, such as food processing companies and agricultural traders.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Ministry of Commerce and Industry, specifically the Department of Commerce, is responsible for implementing this amendment.
* **Timeline:** The amendment is effective immediately, extending the import deadline until May 15, 2021. Importers should be able to clear shipments of Urad beans arriving before or on this date. No specific procedures are outlined in this amendment; existing import procedures presumably apply.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of this amendment is to ensure the timely import of the allocated quantity of Urad beans (1.5 Lakh MT) by providing importers with additional time to complete the necessary procedures. This could help stabilize the market and prevent potential price increases or shortages. The impact of this specific change is expected to be positive for importers who were facing difficulties meeting the original deadline.
**9. Conclusion:**
The amendment to the Foreign Trade Policy 2015-2020, extending the import deadline for Urad beans to May 15, 2021, is a targeted intervention designed to facilitate trade and ensure sufficient supply of this commodity. This amendment offers relief to importers, and is of significance to the industry due to its potential impact on supply chains and market stability.
Key Entities Referenced
New Delhi: Location of the notification, likely the capital of India.
Foreign Trade Development and Regulation Act, 1992: An act of the Indian Parliament that empowers the central government to make provisions for the development and regulation of foreign trade.
Foreign Trade Policy, 2015-2020: A policy related to India's import and export activities.
Central Government: The executive authority of the Republic of India.
Notification S.O. No.1261E dated 19th March, 2021: A notification that is being partially modified by this document.
ITC HS, 2017, Schedule I Import Policy: Indian Trade Clarification based on Harmonized System of Coding. It defines the import policy
Urad Beans: A type of pulse (Vigna Mungo L. Hepper) being imported.
SPP Vigna Mungo L. Hepper: Scientific classification of Urad Beans
Diwakar Nath Misra: Joint Secretary
Ministry of Commerce and Industry: A ministry of the Government of India.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एxलx.x-GअID.-E0xx7x0 52021-226914
CG-DL-E-07052021-226914
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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2543 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 7th May, 2021
S.O. 1796(E).—In exercise of powers conferred by section 3 read with section 5 of the Foreign
Trade (Development and Regulation) Act, 1992 (22 of 1992), read with paragraphs 1.02 and 2.01 of the
Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government, in partial
modification of Notification S.O. No.1261(E) dated 19th March, 2021, hereby extends the last date for
import of 1.5 Lakh MT of Urad [Beans of the SPP Vigna Mungo (L.) Hepper] under HS Codes 0713 31 10,
0713 90 10 and 0713 90 90 of Chapter 7 of ITC (HS), 2017, Schedule – I (Import Policy), for the fiscal
year 2020-21, from 30th April, 2021 to 15th May, 2021.
2. Effect of the Notification: The last date for import of 1.5 Lakh MT of Urad, is extended from
30th April, 2021 to 15th May, 2021.
[F. No. 14/1/2020-EP(Agri-III)]
DIWAKAR NATH MISRA, Jt. Secy.
Note : The principal notification No. 36/2015-2020 dated the 17thJanuary, 2017 was published in the
Gazette of India, Extraordinary vide S.O. 172(E), dated the 17th January, 2017 and amended vide
S.O. No.3446 dated 1st October, 2020 and last amended vide S.O. No.1261(E) dated 19th March,
2021.
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.