Removal of Minimum Export Price (MEP) of Basmati rice. - 06 (RE-2012) /2009-2014 - Foreign Trade Policy

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section ii) Government of India Ministry of Commerce Industry Department of Commerce Udyog Bhawan Notification No. 6 (RE-2012) /2009-2014 New Delhi, Dated 4 th July, 2012 Subject: Removal of Minimum Export Price (MEP) of Basmati rice. S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development Regulation) Act, 1992 (No.22 of 1992) and also read with Para 2.1 of the Foreign Trade Policy, 2009-2014 , the Central Government hereby deletes the entry at Point (ii) in the Nature of Restriction column [Column No. 6 of the table] against Sl. No. 57 in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to Basmati rice. 2. All other conditions [Point (i); Point (iii) to (viii) in column 6 of the table against Sl. No. 57 in Chapter 10 of Schedule 2 of ITC(HS) book] remain unchanged. 3. Effect of this notification: Basmati Rice can be exported without any Minimum Export Price (MEP). (Anup K. Pujari) Director General of Foreign Trade E-mail: [email protected] (Issued from F.No.01/91/180/775/AM10/Export Cell)