Removal of Minimum Export Price permits basmati rice exports without MEP while existing export conditions remain applicable. Deletion of the entry at Point (ii) in the 'Nature of Restriction' column for Sl. No. 57, Chapter 10 of Schedule 2 of the ITC(HS) removes the Minimum Export Price requirement for basmati rice while leaving Point (i) and Points (iii)-(viii) in that column unchanged, thereby allowing basmati rice to be exported without any MEP subject to the remaining conditions in the Schedule.
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.
Removal of Minimum Export Price permits basmati rice exports without MEP while existing export conditions remain applicable.
Deletion of the entry at Point (ii) in the "Nature of Restriction" column for Sl. No. 57, Chapter 10 of Schedule 2 of the ITC(HS) removes the Minimum Export Price requirement for basmati rice while leaving Point (i) and Points (iii)-(viii) in that column unchanged, thereby allowing basmati rice to be exported without any MEP subject to the remaining conditions in the Schedule.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.