NOTIFICATION NO. 29/2010, DT. 01/03/2011

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 24(RE-2010)/2009-2014 dated 18.02.2011. This will be with immediate effect.

2. The phrase “Minimum Export Price(MEP) of US$ 600 per Metric Ton or as notified by DGFT from time-to-time” as appearing in the Column “Nature of Restrictions against Serial Number 44.01 in Notification No 24(RE-2010)/2009-2014 dated 18.02.2011 is replaced by the phrase "Minimum Export Price(MEP) of US$ 350 per Metric Ton F.O.B. or as notified by DGFT from time-to-time" [OLD-“Minimum Export Price(MEP) of US$ 450 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”]

(In above para 2 the words "Minimum Export Price(MEP) of US$ 350 per Metric Ton F.O.B. or as notified by DGFT from time-to-time" has been replaced by NTF. NO. 30/2010, DT. 08/03/2011)

3. Effect of this notification:

Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and Krishnapuram will be US$ 450 per Metric Ton F.O.B. Earlier it was US$ 600 per Metric Ton.

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

(Issued from File No. 01/91/180/922/AM’08/PC-III/Export Cell)

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