Government Extends Free Import Policy for Yellow Peas Until March 31, 2026

The DGFT vide Notification No. 16/2025-26 dated May 31, 2025, extended the import period for Yellow Peas (ITC HS Code 07131010) until March 31, 2026. The import remains “Free,” with no Minimum Import Price (MIP) or port restrictions, provided importers register under the online Import Monitoring System. This extension follows several earlier notifications and maintains all previous conditions. It applies to shipments with a Bill of Lading issued on or before March 31, 2026, with immediate effect.

In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, and in continuation to Notification Nos. 50/2023 dated 08.12.2023, 61/2023 dated 23.02.2024, 04/2023 dated 05.04.2024, 12/2024-25 dated 08.05.2024, 29/2024-25 dated 13.09.2024, 43/2024-25 dated 24/12/2024 and 63/2024-25 dated 10.03.2025, the Central Government hereby extends the current Import Policy Condition for Yellow Peas under ITC(HS) Code 07131010 of Chapter 07 of ITC(HS), 2022, Schedule -I (Import Policy), which is valid till 31st May, 2025, upto 31st March, 2026. All other terms and conditions remain the same as in the above referred Notifications.

Effect of the Notification:

Import of Yellow Peas under ITC (HS) Code 07131010 is “Free” without the MIP condition and without Port Restriction, subject to the registration under online Import Monitoring System, with immediate effect, for all import consignments where Bill of Lading (Shipped on Board) is issued on or before 31st March, 2026.

The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/06/Adobe-Scan-31-May-2025-2.pdf

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