Government of India
Ministry of Commerce & Industry
Department of Commerce
Notification No. 15/2015-2020
New Delhi, The 26th July, 2016
Subject: Minimum Export Price (MEP) on export of Potato.
S.O.(E) – In exercise of the 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, 2015-2020, the Central Government hereby makes the following amendments in Chapter 7 of Schedule 2 of ITC(HS) Classification of Export and Import items, as amended from time to time:
“With immediate effect, the table in respect of Sl. No. 50A inserted vide Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potato as amended vide Notification No. 112 (RE-2013)2009-2014 dated 20.02.2015, is substituted as follows:
Tariff Item HS Code
|Unit||Item Description||Export Policy||Nature of Restriction|
|50 A||07019000||Kg||Potatoes, Fresh or Chilled||
|Export permitted subject to Minimum Export Price (MEP) of US$ 360 per MT|
2. Effect of this notification:
Export of Potatoes is permitted subject to Minimum Export Price (MEP) of US$ 360 per MT.
Director General of Foreign Trade
(Issued from F.No.01/91/180/82/AM 15/Export cell)