Eximkey - India Export Import Policy 2004 2013 Exim Policy
Daily Update

NOTIFICATION NO. 19/2019, DT. 13/09/2019

Export Policy of Onions- Imposition of Minimum Export Price (MEP)

 

S.O. (E). In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes amendment, with immediate effect, by substituting Para-2 of Notification No. 48/2015-20 dated 02.02.2018 relating to export of onion: as under:

2. The amended para 2 of Notification No. 48/2015-20 dated 02.02.2018 is amended to read as:

“Export of onion for the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) classification of Export & Import Items shall be permitted only on Letter of Credit (LC) subject to a Minimum Export Price (MEP) of US$ 850 F.O.B per Metric Ton till further orders”.

3. Effect of this Notification:

Export of all varieties of onions, as described above, will be allowed only on Letter of Credit (LC) subject to a Minimum Export Price (MEP) of US$ 850 F.O.B per Metric Ton till further orders.
 

(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
Ex-Officio Secretary, Government of India
E-mail: dgft@nic.in

(Issued from File No. 01/91/180/922/AM08/EC (Vol. 4))
 

Presented by eximkey.com

Trade Intelligence
Search for latest information on item wise exports and imports, from all major Indian ports.

Username
Password