Minimum export price for onions revised, altering permissible FOB export pricing and requiring immediate exporter compliance under FTP. The notification, issued under Section 5 of the Foreign Trade (Development & Regulation) Act and Para 2.1 of the Foreign Trade Policy, immediately amends the Minimum Export Price provision for the FTP schedule entry for onions, substituting earlier MEP phrases and figures and distinguishing onions other than Bangalore Rose and Krishnapuram varieties, thereby altering the FOB export pricing requirement and obliging exporters to comply with the revised MEP.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum export price for onions revised, altering permissible FOB export pricing and requiring immediate exporter compliance under FTP.
The notification, issued under Section 5 of the Foreign Trade (Development & Regulation) Act and Para 2.1 of the Foreign Trade Policy, immediately amends the Minimum Export Price provision for the FTP schedule entry for onions, substituting earlier MEP phrases and figures and distinguishing onions other than Bangalore Rose and Krishnapuram varieties, thereby altering the FOB export pricing requirement and obliging exporters to comply with the revised MEP.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
