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Archive: 22 February 2011

Posts in 22 February 2011

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3855 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3498 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

Prohibition on export of onion-Clarification for (a) MEP and (b) Export of Bangalore Rose onions and Krishnapuram onions under export licence

February 22, 2011 282 Views 0 comment Print

Export of Onions (all varieties including Bangalore Rose onions and Krishnapuram onions) excluding cut, sliced or broken in powder form was prohibited by Notification No.13(RE-2010)/2009-14 of 22.12.2010. This prohibition on exports was relaxed vide Notification No.19(RE-2010)/2009-14 of 10.2.2011,as per which export of Bangalore Rose onions and Krishnapuram onions were placed in the “Restricted” category,to be exported under licence subject to Minimum Export Price (MEP) of US $ 1400 per Metric Ton. Modalities for issuance of export licences for such export by RAs was stipulated in Policy Circular No. 21 dated 15.02.2011. Now vide Notification No.24 (RE-2010)/2009-14 of 18.2.2011, export of all types of onion including Bangalore Rose onion and Krishnapuram onion has been allowed through the State Trading Enterprises(STEs) subject to applicable Minimum Export Price (MEP).

Policy Circular No. 25 (RE-2010)/2009-14, Dated: 22.02.2011

February 22, 2011 208 Views 0 comment Print

Export of Onions (all varieties including Bangalore Rose onions and Krishnapuram onions) excluding cut, sliced or broken in powder form was prohibited by Notification No.13(RE-2010)/2009-14 of 22.12.2010. This prohibition on exports was relaxed vide Notification No.19(RE-2010)/2009-14 of 10.2.2011,as per which export of Bangalore Rose onions and Krishnapuram onions were placed in the Restricted category,to be exported under licence subject to Minimum Export Price (MEP) of US $ 1400 per Metric Ton.

Policy Circular No. 24 (RE-2010)/2009-14, Dated: 22.02.2011

February 22, 2011 268 Views 0 comment Print

Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 had stipulated certain documents to be submitted to concerned RAs for issuance of export licence . To facilitate expeditious issue of export licences, Sl. No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 is amended as under[changes are being made in 3(ii) (b) & 3(ii) (c)]:

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