MEP on Onions Back at US$300 per MT
[DGFT Notification No. 82 dated 17th
June 2014]
Subject: Export Policy of Onions.
In exercise of powers conferred by
Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22
of 1992), as amended read with Para 1.3 of the Foreign Trade Policy, 2009-2014,
the Central Government hereby makes the following amendment, with immediate
effect, in Notification No. 73 (RE- 2013)/2009-14 dated 12.03.2014 relating to
export of onion.
2. Export of onion for
the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of
ITC(HS) Classification of Export & Import Items
shall be permitted subject to a Minimum Export Price(MEP) of US$ 300 per Metric
Ton F.O.B. or as notified by DGFT from time-to-time.
3. Effect of this notification
Export of all varieties of
onions as described above will be subject to a Minimum Export Price (MEP) of
US$ 300 per MT.