DGFT Withdraws both Bangalore Rose and Krishnapuram
Varieties Onion Export Ban w.e.f. from 15 March 2020
· MEP of US$850 fob per MT
also Goes
[DGFT Notification No.
49/2015-20 dated 2 March 2020]
Effect
of this Notification:
The Export of all varieties of Onions, as described above, has been made
"Free" without any condition of Letter of Credit (LC) and Minimum
Export Price (MEP), with effect from 15th March, 2020. Accordingly,
the Notification No. 46/2015-20 related to export of Krishnapuram
Onions also stands withdrawn with effect from 15th March, 2020.
Subject:- Amendment in Export Policy of Onions.
S.O.
(E) 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 and 2.01of the Foreign Trade Policy, 2015-20, the Central
Government hereby makes the following amendment in Notification No. 21/2015-20
dated 29.09.2019 and Notification No. 46/2015-20 dated 06.02.2020 amending the
Export Policy 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, with effect from 15th March, 2020.
|
S.No |
ITC (HS) Code |
Description |
Present Policy |
Revised Policy |
|
51 |
07031010, 07122000 |
Onion (all varieties
except Bangalore Rose onions and Krishnapuram
onions) excluding cut, sliced or broken in powder form. |
Prohibited |
Free |
|
52 |
07031010, 07122000 |
Bangalore Rose onions and Krishnapuram onions excluding cut, sliced or broken in
powder form. |
Prohibited |
Free |
(Issued from File No.
01/91/180/922/AM08/EC/Vol.4))