Potato Export Shifted to Free List, MEP Withdrawn
[DGFT
Notification No. 112 dated 20th February 2015]
Subject:
Removal of Minimum Export Price (MEP) on export of Potato.
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 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby
makes the following amendments in Notification No. 85(RE-2013)/2009-2014 dated
26th June, 2014 relating to export of potato:
2.
With immediate effect, the table in para 2 of
Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 is substituted as
follows:
|
Sl.
No. |
Tariff
Item HS Code |
Unit
|
Item
Description |
Export
Policy |
Nature
of Restriction |
|
50
A |
07019000
|
Kg
|
Potatoes,
Fresh or Chilled |
Free
|
|
3. Effect of this
notification
Minimum
Export Price (MEP) on export of Potato has been removed.