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NOTIFICATION NO. 96/2010, DT. 15/02/2012

Minimum Export Price 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 makes the following amendment in Notification No 94(RE-2010)/2009-2014 dated 11.01.2012 read with Notification No 75(RE-2010)/2009-2014 dated 20.09.2011 with immediate effect.

2. The “Minimum Export Price(MEP) of US$ 150 per Metric Ton F.O.B. or as notified by DGFT from time-to-time” as appearing in para 2(i) of Notification No 94(RE-2010)/2009-2014 dated 11.01.2012 for the item description at Serial Number 44.01 of Notification No 75(RE–2010)/2009-2014 dated 20.09.2011 is replaced by “Minimum Export Price(MEP) of US$ 125 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”.

3. Effect of this notification:

Minimum Export Price (MEP) of all varieties of onions excluding Bangalore Rose Onions and Krishnapuram Onions will be US$ 125 per Metric Ton F.O.B. It was US$ 150 per Metric Ton for general category onion as notified on 11.01.2012. For Bangalore Rose Onions and Krishnapuram Onions MEP will continue to be US$ 250 per MT.
 

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in

(Issued from File No. 01/91/180/922/AM08/PC-III/Export Cell)
 

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