MEP on Potatoes Withdrawn

[DGFT Notification No. 32 dated 27th December 2016]

Effect of this notification: Potatoes as described above is permitted for export without any Minimum Export Price (MEP).

Subject: Export Policy of Potato - Removal of Minimum Export Price (MEP) on export of potatoes.

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 with immediate effect in Notification No. 15/2015-20 dated 26.07.2016 read with Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potatoes.

2.  Para 1 of Notification No. 15/2015-20 dated 26.07.2016 is amended to read as:

"Export of Potatoes, Fresh or Chilled at Serial Number 50A of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted without any Minimum Export Price (MEP).