Export Policy of Onions.
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.... Export Policy of Onions. S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government amends para 2 of Notification No.116(RE-2010)/2009-14 dated 08.05.2012 with immediate effect . 6[2. MEP(Minimum Export Price) on export of onions is removed till....
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....tion No. 49 (RE-2013)/2009-2014 dated 1 November, 2013 before it was read as, "2. 1[ Export of onion for the item description at Serial Number 51 & 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price(MEP) of US$ 900 per Metric Ton F.O.B. or as notified by DGFT from time-to-time]" 3. Substituted vide Notification No 57....


TaxTMI
TaxTMI