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Export Policy of Onions- Imposition of Minimum Export Price (MEP) - 39/2015-2020 - Foreign Trade PolicyExtract Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhavan Notification No. 39/2015-2020 New Delhi, Dated: 23 November 2017 Subject:- Export Policy of Onions- Imposition of Minimum Export Price (MEP). S.O. 3721 (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 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Notification No. 29/2015-20 dated 24.12.2015 relating to export of onion. 2. Para 2 of Notification No. 29/2015-20 dated 24.12.2015 is amended to read as: 3 [ 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 31.12.2017. (Alok Vardhan Chaturvedi) Director General of Foreign Trade E-mail: [email protected] (Issued from File No. 01/91/180/922/AM08/PC-III/Export cell) ******************** Notes:- 1. Substituted vide Notification No. 43/2015-2020 Dated 29-12-2017, before it was read as, till 31.12.2017 2. Substituted vide Notification No. 45/2015-2020 Dated 19-01-2018 before it was 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 1 [till 20.01.2018] 3. Substituted vide Notification No. 48/2015-2020 - Dated 02-02-2018 before it was read as, 2 [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$ 700 F.O.B. per Metric Ton till 20.02.2018 ]
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