[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION – 3, SUB-SECTION (ii)]
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 18/2015-2020, Dated: August 24, 2015
Subject:- Export Policy of Onions- increase in Minimum Export Price (MEP).
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. 13/2015-20 dated 26.06.2015 read with Notification No. 73(RE-2013)/2009-14 dated 12.03.2014 relating to export of onion.
2. The amended para 2 of Notification No. 13/2015-20 dated 26.06.2015 will now 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 subject to a Minimum Export Price (MEP) of US$ 700 F.O.B. per Metric Ton or as notified by DGFT from time-to-time”.
3. Effect of this notification:
Export of all varieties of onions as described above will be subject to a Minimum Export Price (MEP) of US$ 700 F.O.B. per MT.
(Issued from File No. 01/91/180/922/AM08/PC-III/Export Cell)
Director General of Foreign Trade