Onion Export Ban Extended Indefinitely
India has extended the export
ban on onion till further orders, the government said. Earlier, onion exports
were prohibited till March 31 this year to control domestic politics.
Export prohibition on export
of onions valid till 31st March 2024, is extended until further orders, the
Directorate General of Foreign Trade (DGFT) said in a 22 March notification.
India exported onions worth
$431.78 million in April-January FY24 with $187.5 million shipped to Bangladesh
and $48.12 million to Sri Lanka.
In December last year, the
government prohibited the export of onions till March 31, 2024 but allowed
their shipments based on permission granted by the central government to other
countries on their request.
Earlier this month, the
government had permitted the export of 50,000 tonnes
of onions to Bangladesh and 14,400 tonnes to the UAE
through the National Cooperative Exports Limited.
To check the soaring price of
onion, the government imposed a minimum export price of $800 per tonne on October 28 till December 31, 2023. In August last
year, India imposed a 40% duty on the export of onions to improve supplies of
the staple vegetable in the domestic market until December 31, 2023 but this
was lifted to give a better price.
[DGFT Notification No. 81/2023 dated
22 March, 2024]
Effect of this Notification: Export prohibition on
export of onions under HS Code 0703 10 19 valid till 31st March,
2024 is extended until further orders.
Subject: -Amendment in export policy of
Onions.]
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), as amended, read with Para 1.02 and
2.01 of the Foreign Trade Policy, 2023, the Central Government hereby amends
Notification No. 49 dt. 07.12.2023 regarding Export Policy of Onions in Chapter
07 of Schedule 2 of the l TC (HS) Export Policy, as under:
|
Tariff
item HS Code |
Unit |
Item
description |
Export
Policy |
Revised
Export Policy |
|
0703
10 19 |
KG |
Onions: |
Prohibited
till 31.03.2024 |
Prohibited
until further orders. |
2. Provisions under Para-3 of Notification
No. 49 dt. 07.12.2023 remains unchanged.
(Issued from File No. 01/91/171/50/Misc/ AM21/e-26586)