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Core Purpose

Notification amending the Export Policy of Onions under Chapter 07 of Schedule 2 of the ITC (HS) Export Policy, changing the policy for onions (Tariff item 07031019) from 'Prohibited' to 'Free' subject to a Minimum Export Price.

Detailed Summary

By Notification No. 10/2024-25, S.O. 1906(E) dated 4th May 2024, the Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade, in exercise of powers under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) and Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, amends the Export Policy of Onions (Tariff/HS Code 07031019) in Chapter 07 of Schedule 2 of the ITC (HS) Export Policy from 'Prohibited' (Nil condition) to 'Free', subject to a Minimum Export Price (MEP) of USD 550 per Metric Ton (MT), with the notification taking immediate effect and remaining in force until further orders; it is signed by Santosh Kumar Sarangi, Director General of Foreign Trade, Ex-Officio Additional Secretary, under file number F. No. 01/91/191/060/AM-24/EC/e-38291.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-06052024-254051 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1813] NEW DELHI, MONDAY, MAY 6, 2024/VAISAKHA 16, 1946 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 4th May, 2024 No. 10/2024-25 Subject: - Amendment in the Export policy of Onions. S.O. 1906 (E). In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government hereby amends the Export Policy of Onions in Chapter 07 of Schedule 2 of the ITC (HS) Export Policy, as under:- +------------+------------------+-------------------+------------+----------------+--------------------------------------+ | Tariff item | Item description | Existing Export | Policy | Revised Export | Revised Policy Conditions | | HS Code | | Policy | condition | Policy | | +============+==================+===================+============+================+======================================+ | 07031019 | Onions | Prohibited | Nil | Free | Export is subject to a Minimum | | | | | | | Export Price (MEP) of USD 550 | | | | | | | per Metric Ton (MT) | +------------+------------------+-------------------+------------+----------------+--------------------------------------+ 2. The Notification will come into immediate effect. 3. Effect of this Notification: The export policy of Onions is amended from 'prohibited' to 'free" subject to MEP of USD 550 per Metric Ton (MT) with immediate effect and until further orders. [F. No. 01/91/191/060/AM-24/EC/e-38291] SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-Officio Addl. Secy.

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