DGFT revises the Import of Peas Policy

Dec 20, 2019 | by Avantis RegTech Legal Research Team

Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on December 18, 2019, revised the Policy related to Import of Peas (Pisum sativum) including Yellow peas, Green peas, Dun Peas and Kaspa Peas to restricted and subject to Minimum Import Price (MIP) of Rs, 200/- CIF per kilogram.

Further Import of Peas shall be subject to an annual (fiscal year) quota of 1.5 lakh MT and it will be subject to MIP of Rs. 200/- and above CIF per kilogram and import is allowed through Kolkata sea port only. This restriction will not apply to Government’s import commitments under any Bilateral or Regional Agreement or Memorandum of Understanding.

[Notification No. 37/2015-2020]


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