The government has made it mandatory to register import of yellow peas under the import monitoring system till March 31, 2024. The move is aimed at increasing domestic availability of the commodity. 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.
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. India imported $0.14 million worth of yellow peas in 2022-23, all from Russia. With effect from April 01, 2024 the restricted import policy and associated policy conditions as existing prior to this notification shall come into force.
The importer may apply under YP-IMS online on the DGFT Website. The importer on submission of advance information in this online system and online payment of Rs 500 shall be issued an Automatic Registration Number. The importer shall apply for registration not later than 5 days before the expected date of arrival of import consignment. Importers shall thereafter submit the Automatic Registration Number to the concerned Customs Authorities when filing for import clearance.
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