https://www.taxtmi.com/article/detailed?id=12435 A Minimum Export Price (MEP) of US$ 2000 per metric ton for natural honey was imposed with immediate effect under powers conferred by the Foreign Trade (Development & Regulation) Act, subject to transitional arrangements. The notification contains no stated justification, data, or record of stakeholder consultation, and may cause contractual difficulties for exporters with prior agreements below the MEP. The author notes statutory consequences that goods subject to such orders are treated as prohibited under customs law, creating substantive procedural and legal effects and raising concerns of administrative arbitrariness. en-us Tue, 19 Mar 2024 08:42:02 +0530 Tue, 19 Mar 2024 08:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12435 A Minimum Export Price (MEP) of US$ 2000 per metric ton for natural honey was imposed with immediate effect under powers conferred by the Foreign Trade (Development & Regulation) Act, subject to transitional arrangements. The notification contains no stated justification, data, or record of stakeholder consultation, and may cause contractual difficulties for exporters with prior agreements below the MEP. The author notes statutory consequences that goods subject to such orders are treated as prohibited under customs law, creating substantive procedural and legal effects and raising concerns of administrative arbitrariness. Articles Other Topics Tue, 19 Mar 2024 08:42:02 +0530 https://www.taxtmi.com/article/detailed?id=12435