Export Policy of Onions- Imposition of Minimum Export Price (MEP).

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))

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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhavan, New Delhi

Notification No. 19 /2015-2020 Dated: 13th September, 2019.

Subject: Export Policy of Onions- Imposition of Minimum Export Price (MEP).

o.. 46); 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 US$ 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 US$ 850 F.O.B per Metric Ton till further orders. (Rt (Alok Vardkan Chaturvedi) Director G ral of Foreign Trade Ex-Officio Secretary, Government of India E-mail: dgft@nic.in

(Issued from File No. 01/91/180/922/AMO8/EC (Vol. 4))