[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB-SECTION (ii)]
GOVERNMENT OF INDIA
19/2015-2020; Dated: September 13, 2019
Subject: Export Policy of Onions- Imposition of Minimum Export Price (MEP).
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 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes amendment, with immediate effect, by substituting Para-2 of Notification No. 48/2015-20 dated 02.02.2018 relating to export of onion; as under:
2. The amended para 2 of Notification No. 48/2015-20 dated 02.02.2018 is amended to read as:
3. Effect of this Notification:
Export of all varieties of onions, as described above, will be allowed only on Letter of Credit (LC) subject to a Minimum Export Price (MEP) of USD 850 F.O.B per Metric Ton till further orders.
[Issued from File No.01/91/180/922/AM08/EC (Vol. 4)]
(Alok Vardhan Chaturvedi)