(To be Published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section ii)
Government of India; Ministry of Commerce & Industry; Department of Commerce
Notification No 96 (RE 2010)/2009-2014; Dated: 15th February, 2012
Subject:- 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(RE2010)/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