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