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Core Purpose

Notification No. 75/2023 under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 imposing a Minimum Export Price on the export of Natural Honey.

Detailed Summary

By S.O. 1360(E) dated 14th March 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), read with Paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023, imposes a Minimum Export Price (MEP) of US $2000 per Metric Ton on the export of Natural Honey under ITC HS Code 0409 00 00 of Schedule 2 of the ITC (HS) Export Policy, 2023, with the export policy status remaining 'Free' subject to this MEP condition, effective till 31st December 2024 or until further orders, whichever is earlier; the notification takes immediate effect, with transitional arrangements under Paragraph 1.05 of the Foreign Trade Policy, 2023 applicable; issued under file number 01/91/180/879/AM08/EC/Vol.8/PartFile/e-38272 and signed by Santosh Kumar Sarangi, Director General of Foreign Trade, Ex-Officio Additional Secretary.

Full Text

1942 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY ubZ fnYyh] 14 ekpZ] 2024 'kgn ds fu;k Zr ij U;wure fu;kZr ewY; ¼,ebZih½ yxkukA .—fons”k O;kikj uhfr] 2023 ds iSjk 1 -02 vkSj 2-01 ds lkFk ifBr ;Fkk la ”kksf/kr fons”k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e] 1992 ¼1992 dh la - 22½ dh /kkjk 5 ds lkFk ifBr /kkjk 3 }kjk iznÙk “kfDr;ksa dk i z;ksx djrs gq,] dsUnz ljdkj ,rn~}kjk vkbZVhlh ¼,p,l½ fu;kZr uhfr] 2023 dh vuqlwph 2 ds vkbZVhl h ,p,l dksM 0409 00 00 ds rgr izkd`frd “kgn ds fu;kZr ij fuEukuqlkj U;wure fu;kZr ewY; ¼,ebZih½ yxkrh gS%& No. 1294] NEW DELHI, THURS DAY , MARCH 1 4, 2024 /PHALGUNA 24, 1945 “ 0409 00 00 izkd`frd “kgn eqDr **31 fnlacj] 2024 rd ;k vxys vkns'k ksa rd] tks Hkh igys gks] 2000 vesfjdh M‚yj çfr ehfVªd Vu ¼ih,eVh½ ds U;wure fu;kZr ewY; ¼,ebZih½ ds v /;/khuAß CG-DL-E-16032024-253090 2- vf/klwpuk rRdky çHkko ls ykxw gksxhA fons'k O;kikj uhfr] 2023 ds iSjk 1 -05 ds rgr ifjorhZ O;oLFkk,a ykxw gksaxhA 3- bl vf/klwpuk dk izHkko% izkd`frd “kgn dk fu;kZr ^eqDr* gSA **2000 vesfjdh M‚yj çfr ehfVªd Vu ¼ih,eVh½ dk U;wure fu;kZr ewY; ¼,ebZih½ 31 fnlacj] 2024 rd ;k vxys vkns'k ksa rd] tks Hkh igys gks] yxk;k tkrk gS A** [Qk- la- ,e&01@91@180@879@,,e&08@ bZlh@[k.M&8@ikVZ Qkb y@bZ&38272 ls tkjh ] larks"k dqekj lkjaxh ] egkfuns'kd fons' k O;kikj insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Dep artment Of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE ) NOTIFICATIO N New Delhi, the 14th March, 2024 No. 75/2023 Subject : Imposition of Minimum Export Price (MEP) on export of Honey. S.O 1 360(E).—In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 2 2 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government hereby imposes Minimum Export Price (MEP) on export of Natural Honey under ITC HS code 0409 00 0 0 of Schedule 2 of the ITC (HS) Export Policy, 20 23, as under: - Tariff item HS Code Item description Export Policy Policy condition 0409 00 00 Natural Honey Free Subject to a Minimum Export Price (MEP) of US $ 2000 per Metric Ton (PMT), till 3 1st Dece mber, 2024 or until further orders, whichever is earlier.” 2. The Notification will come into immediate effect. Transitional arrangements under Para 1.05 of Foreign Trade Policy, 2023 will be applicable. 3. Effect of this Notification: Export of Natural Honey is ‘Free’. Minimum Export Price (MEP) of U S $ 2000 per Metric Ton (PMT) is imposed till 31st December, 2024 or until further orders, whichever is earlier.” [F. No. 01/91/180/879/AM08/EC/Vol.8/PartFile/e - 38272 ] 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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