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Untitled Document

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI

NOTIFICATION NO

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:

"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 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".

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)
Director General of Foreign Trade