DGFT clarifies the issue regarding validity of Registration of Contracts for Peas

May 10, 2019 | by Avantis RegTech Legal Research Team


The Directorate General of Foreign Trade (DGFT) on May 09, 2019, has issued clarification regarding validity of Registration of Contracts (RC) for Peas under Trade Notice No. 25/2018-19 dated August 17, 2018.

DGFT received representations with regard to validity of RC at the time of import clearance by Customs. In this regard, DGFT clarified that whenever RC is valid till March 31st (or that matter any other date) shipment made by that date is valid under the said RC.

It is further advised that in case there is any problem as Custom end, Regional Authority may consider revalidating the RCs, provided the date of Bill of Lading is prior to the date of expiry of the RC, without referring the matter to the DGFT Headquarters.

[Trade Notice No. 11/2019-20]


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