Ministry of Finance TheDollarBusiness

Export Policy of Onions - Removal of Minimum Export Price (MEP) on Onions

Dated 24th December, 2015 | Copy of | Notification No.29/2015-20 |

In exercise of powers conferred by Section 5 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.26/2015-20 dated 11.12.2015 read with Notification No.73(RE-2013)/2009-14 dated 12.03.2014 relating to export of onion.

2. Para 2 of Notification No. 26 dated 11.12.2015 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 without any Minimum Export Price (MEP).

3. Effect of this notification:

All varieties of onions as described above can be exported without any Minimum Export Price (MEP).

Sd/- (Anup Wadhawan) Director General of Foreign Trade

File No.01/91/180/922/AM08/PC-III/Export Cell Issued by: Ministry of Commerce & Industry Department of Commerce New Delhi

The Dollar Business Bureau - Dec 28, 2015 10:15 IST