Minimum Export Price requirement for onions now mandates an MEP specified per metric ton, regulating exports. Export of onions under the relevant ITC(HS) Schedule is permitted only subject to a Minimum Export Price (MEP) expressed on an F.O.B. per metric ton basis or as notified by DGFT, with the amendment operating with immediate effect and allowing DGFT to revise the MEP from time to time.
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Minimum Export Price requirement for onions now mandates an MEP specified per metric ton, regulating exports.
Export of onions under the relevant ITC(HS) Schedule is permitted only subject to a Minimum Export Price (MEP) expressed on an F.O.B. per metric ton basis or as notified by DGFT, with the amendment operating with immediate effect and allowing DGFT to revise the MEP from time to time.
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