Minimum Export Price on export of Onions

Onions Export

Minimum Export Price on export of Onions

 

Notification No.42/2023

Dated: 28th October, 2023

Subject: - Imposition of Minimum Export Price on export of Onions.

S.O. (E) In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Developme nt & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2. 01 of the Fore ign Trade Policy, 2023, the Centra l Government hereby ame nds the Export Policy of Onions under S.No.51 of Chapter 07 of Schedule 2 of the ITC (HS) Export Policy, as under:

 

S.No.

Tariff item

HS Code

Unit

Item description

Export

Policy

Policy condition

51

0703 10 10

0712 20 00

KG

Onion (all varieties except Bangalore

Rose onions and Krishnapura m onions) excluding cut, sliced or broken in powder form.

Free

Subject to a Minimum Export

Price (MEP) of US $ 800

F.O.B. per Metric Ton (MT), till 31st December, 2023.”

  1. The Notification will c ome into effect from 29th October,
  2. The following consignme nts of onions will be allowed to be exported without MEP:
  3. Where onions consignment has been handed over to the Customs before this Notification and is registered in their syste m / where onions consignment has entered the Customs station for exportation before this Notification and is registered in the electronic systems of the concerned Custodian of the Customs Station with verifiable evidence of date and time stamping of these commodities having entered the Customs Station prior to the issuance of this Notification. The period of export shall be upto 30th November,
  4. Export duty has been paid before the issuance of this Such export duty is non- refundable.
  5. Effect of this Notification:

Export of onions is Free. Minimum Export Price (MEP) of US $ 800 F.O.B per Metric Ton (MT) is imposed till 31st December, 2023.

 

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