Central
Export Policy of Onions- Removal of Minimum Export Price (MEP)
Updated on:2nd Feb, 2018
Notification No. 48/2015-2020 New Delhi, Dated: 2 February 2018 Subject:- Export Policy of Onions- Removal of Minimum Export Price (MEP). S.O. (E) 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 l.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby amends, with immediate effect, Para 2 of Notification No. 39 I 2015-20 dated 23.11.2017 read with No. 43/2015-2020 dated 29.12.2017 and No.45/2015-2020 dated 19.01.2018 relating to export of onions. 2. The amended Para 2 of Notification No. 39I2015-20 dated 23.11.2017 will now read as "Export of onions 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 without any Minimum Export Price (MEP) till further orders". 3. Effect of this Notification: Requirement of Minimum Export Price (MEP) on export of onions as described above stands removed till further orders and all varieties of onions can now be exported without any MEP.