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NOTIFICATION NO. 39/2017, DT. 23/11/2017

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, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Notification No. 29/2015-20 dated 24.12.2015 relating to export of onion.

2. Para 2 of Notification No. 29/2015-20 dated 24.12.2015 is amended to read as:

Export of onions 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 without any Minimum Export Price (MEP) till further orders".

(Above para 2 has been amended vide NOTIFICATION NO. 48/2017, DT. 02/02/2018)

[OLD- 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$ 700 F.O.B. per Metric Ton till 20.02.2018".]

(Above para 2 has been amended vide NOTIFICATION NO. 45/2017, DT. 19/01/2018 )

[OLD- "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 USS 850 F.O.B. per Metric Ton till 31.12.2017".]

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 31.12.2017.
 

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade
E-mail: dgft@nic.in

(Issued from File No. 01/91/180/922/AM08/PC-III/Export Cell)
 

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