Home India Ministry of Commerce and Industry Implementation of Yellow Peas Import Monitoring System reg...
Date: 13-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

Implementation of Yellow Peas Import Monitoring System reg

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

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Executive Summary & Key Takeaways

What it means

  • This public notice outlines the procedures for registration under the Yellow Peas Import Monitoring System (YP-IMS).

Key Changes

  • Importers of yellow peas (ITC(HS) Code 07131010) must register under the YP-IMS.
  • Registration is done online via the DGFT website under Services -> Import Management System -> Services under Import Monitoring System -> Yellow Peas-Import Monitoring System.
  • A fee of Rs. 500 is required for online registration, upon which an Automatic Registration Number will be issued.
  • Importers must apply for registration at least 5 days before the expected arrival date of the import consignment.
  • The Automatic Registration Number must be submitted to customs authorities when filing for import clearance.
  • Each Automatic Registration Number is valid until March 31, 2024.
  • Each Automatic Registration Number is valid for multiple import consignments.
  • Each Automatic Registration Number is valid for one specific country of origin and one port of import.

Impact Analysis

Importers of Yellow Peas

  • Action Item: Ensure that registration is done for the correct country of origin and port of import.

Customs Authorities

  • Action Item: Update customs procedures to include verification of the YP-IMS Automatic Registration Number.

Directorate General of Foreign Trade (DGFT)

  • Action Item: Monitor the effectiveness of the YP-IMS and address any issues that may arise.

Key Entities Referenced

DGFT (Directorate General of Foreign Trade): The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India, is the agency responsible for implementing the Foreign Trade Policy with the main objective of promoting Indian exports. Foreign Trade Policy (FTP) 2023: The Foreign Trade Policy 2023, as amended from time to time, provides the framework for regulating and promoting foreign trade in India. Paragraphs 1.03 and 2.04 of the FTP 2023 provide the DGFT with the power to implement such procedures. Yellow Peas Import Monitoring System (YP-IMS): A system implemented by the DGFT to monitor the import of yellow peas into India. It requires importers to register online and obtain an Automatic Registration Number before importing yellow peas. Notification 50/2023 dated 08.12.2023: The original notification that likely introduced the Yellow Peas Import Monitoring System (YP-IMS). ITC(HS) Code 07131010: The Harmonized System code specifically for dried, shelled yellow peas.
Official Source Record View Original Source →
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