Minimum Export Price policy updated: lowered export floor for onions, with exceptions for Bangalore Rose and Krishnapuram varieties. The notification amends the Foreign Trade Policy by revising the Minimum Export Price (MEP) for onions, replacing previously notified MEP figures for specified schedule entries and setting a uniform MEP for all varieties except two named cultivars, which have a separate MEP; the changes take immediate effect under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and para 2.1 of the FTP 2009-2014.
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 policy updated: lowered export floor for onions, with exceptions for Bangalore Rose and Krishnapuram varieties.
The notification amends the Foreign Trade Policy by revising the Minimum Export Price (MEP) for onions, replacing previously notified MEP figures for specified schedule entries and setting a uniform MEP for all varieties except two named cultivars, which have a separate MEP; the changes take immediate effect under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and para 2.1 of the FTP 2009-2014.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
