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Date: 23-11-2017
Notification No: Notification No. 39/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: File No. 01/91/180/922/AM08/PC-III/Export Cell
Subject: Export Policy of Onions – Imposition of Minimum Export Price (MEP)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
UDYOG BHAVAN

NOTIFICATION NO. 39/2015-2020

NEW DELHI, Dated: 23th November , 2017

Subject: Export Policy of Onions – Imposition of Minimum Export Price (MEP).

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 24th Dec, 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 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”.

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

       

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