NOTIFICATION NO. 15/2016, DT. 26/07/2016
Minimum Export Price (MEP) on export of Potato
S.O.(E) - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments in Chapter 7 of Schedule 2 of ITC(HS) Classification of Export and Import items, as amended from time to time:
Export of Potatoes, Fresh or Chilled at Serial Number 50A of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted without any Minimum Export Price (MEP).
(Above para has been amended vide NOTIFICATION NO. 32/2016, DT. 27/12/2016 )
[OLD- “With immediate effect, the table in respect of Sl. No. 50A inserted vide Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potato as amended vide Notification No. 112 (RE-2013)2009-2014 dated 20.02.2015, is substituted as follows: ]
|
Sl. No. |
Tariff Item HS Code |
Unit |
Item Description |
Export Policy |
Nature of Restriction |
|
50A |
07019000 |
Kg |
Potatoes, Fresh or Chilled |
Free |
Export permitted subject to Minimum Export Price (MEP) of US$ 360 per MT |
2. Effect of this notification:
Export of Potatoes is permitted subject to Minimum Export Price (MEP) of US$ 360 per MT.
(Anup Wadhawan)
Director General of Foreign Trade
E-mail: dgft@nic.in
(Issued from F.No.01/91/180/82/AM 15/Export cell)
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