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Core Purpose

Notification amending the Export Policy Conditions for Onions under the Foreign Trade Policy, 2023 by removing the Minimum Export Price requirement.

Detailed Summary

The Ministry of Commerce and Industry (Department of Commerce, Directorate General of Foreign Trade), in Notification No. 28/2024-25 dated 13th September 2024 (S.O. 3947(E)), issued in exercise of powers under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Paragraphs 1.02 and 2.01 of the Foreign Trade Policy 2023, amended the earlier Notification No. 10/2024-25 dated 4th May 2024 by making changes to the Export Policy conditions for Onions (ITC(HS) Code 07031019, Chapter 07 of Schedule-II) such that the existing policy condition of a Minimum Export Price (MEP) of USD 550 per Metric Ton is removed with immediate effect and until further orders; the notification was signed by Santosh Kumar Sarangi, Director General of Foreign Trade and Ex-officio Additional Secretary.

Full Text

5926 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY okf.kT; ,oa m|ksx ea=ky; ¼okf.kT; foHkkx ½ ¼fons'k O;kikj egkfuns'kky; ½ vf/klwpuk ubZ fnYYkh] 13 flrEcj] 2024 la- 28@2024&25 fo"k;% I;kt dh fu;kZr uhfrxr 'krksZa esa la”kks/kuA dk-vk- 3947¼v½.—fons”k O;kikj uhfr] 2023 ds iSjk 1 -02 vkSj 2 -01 ds lkFk ifBr ;Fkk l a”kksf/kr fons”k O;kikj ¼fodkl vkSj fofu;eu½ vf/kfu;e] 1992 ¼1992 dh la - 22½ dh /kkjk 5 ds lkFk ifBr /kkj 3 }kjk iznÙk “kfDRk;ksa dk iz;ksx djrs gq,] dsanz ljdkj ,rn~}kjk] iwoZ dh vf/klwpuk la[;k 10@2024&25 fnukad 4 ebZ 2024 dks l”kksf/kr djrs gq,] vkbZVhlh ¼,p,l½ fu;kZr uhfr dh vuqlwph 2 ds v/;k; 07 esa I;kt dh fu;kZr uhfrxr “krZsa esa fuEukuqlkj fuEufyf[kr la”kks/ku djrh gSA Ikz”kqYd en ,p,l dksM Ekn fooj.k ekStwnk fu;kZr uhfr Ukhfrxr 'krZ la'kksf/kr uhfrxr 'krZ 07031019 I;kt eqDr fu;kZr 550 vesfjdh MkWyj izfr ehfVªd Vu ¼,eVh½ ds U;wure fu;kZr ewY; ¼,ebZih½ ds v/khu gSA & & No. 3609 ] NEW DELHI, SATURDAY, SEPTEMBER 14, 2024/BHADRA 23, 1946 CG-DL-E-14092024-257192 2- vf/klwpuk rRdky izHkko ls ykxw gksxhA 3-bl vf/klwpuk dk izHkko% I;kt ¼,p,l dksM 07031019 ds rgr½ ds fu;kZr ij 550 vesfjdh MkWYkj izfr ehfVªd Vu ¼,eVh½ dk orZeku U;wure fu;kZr ewY; ¼,ebZih½ rRdky izHkko ls vkSj vxys vkns ”kkas rd gVk fn;k x;k gSA [Qk- la- 01@91@191@060@,,e&24@bZlh@bZ&38291 ] larks"k dqekj lkjaxh] Ekgkfuns'kd ] fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce ) (DIRECTORATE GENERAL OF FOREIGN TRADE ) NOTIFICATION New Delhi, the 13th September, 2024 No. 28 /2024 -25 Subject: - Amendment in Export policy Conditions of Onions –reg. S.O. 3947(E).—In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended time to time, read with Para 1.02 and 2.01 of the Foreign Trade Policy 2023, the Central Government hereby, in amendment of the earlier Notification No. 10/2024 -25 dt. 4th May 2024, makes the following changes in Export Policy conditions of Onions in Chapter 07 of Schedule -II (Export Policy) of ITC(HS) as under: - ITC(HS) Code Description Export Policy Existing Policy condition Revised Policy Condition 07031019 Onions: ---- Other 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. Effect of this Notification: The Minimum Export Price (MEP) condition on Export of Onions is removed 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 . Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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