MEP of US$2000 FOB per MT on Natural Honey Extended by One More Year to 31 Dec 2025

The government on Monday (30.12.2024) extended the minimum export price (MEP) of $2,000 per tonne on natural honey for one more year till December next year. Exports below this MEP value are not permitted. The minimum price was imposed in March this year.

Trade says that MEP of Rs. 160 per kilo is well above the wholesale price in India. There is no shortage of honey in the country to justify MEP to protect domestic consumers. Further, there is no evidence of under invoicing to support forex exchange outflows from the country. DGFT and APEDA should visit the matter once again, it is suggested.

[DGFT Notification No. 45/2024-25 dated 30^th December 2024]

Effect of this Notification: Minimum Export Price (MEP) on Natural Honey is extended beyond 31st December, 2024 till 31st December, 2025.

Subject:-Imposition of Minimum Export Price (MEP) on Export of Honey.

S.O. (E) In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, and in amendment of the earlier Notification No. 75/2023 dated 14.03.2024, the Central Government hereby extends the condition of Minimum Export Price of Natural Honey under ITC(HS) code 04090000 of Schedule-II (Export Policy), as under:-

Tariff item HS Code	Item description	Export Policy	Policy condition
0409 00 00	Natural Honey	Free	Subject to a Minimum Export Price (MEP) of US$ 2000 F.O.B per Metric Ton (PMT), till 31^st December, 2025.

(Issued from File No. 01/91/180/879/AM08/EC/Vol.8/PartFile/e-38272)