Minimum Export Price condition on Export of Onions is removed
Minimum Export Price condition on Export of Onions is removed – Amendment in Export policy Conditions of Onions – NOTIFICATION No. 28 /2024-25
S.O. 3947(E).—In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended time to time, read with Para 1.02 and 2.01 of the Foreign Trade Policy 2023, the Central Government hereby, in amendment of the earlier Notification No. 10/2024-25 dt. 4th May 2024, makes the following changes in Export Policy conditions of Onions in Chapter 07 of Schedule-II (Export Policy) of ITC(HS) as under:-
| ITC (HS) Code | Description | Export Policy | Existing Policy Condition | Revised Policy Condition |
| 07031019 | Onions: —- Other | Free | Export is subject to a Minimum Export Price (MEP) of USD 550 per Metric Ton (MT) | – |
- The Notification will come into immediate effect.
Effect of this Notification: The Minimum Export Price (MEP) condition on Export of Onions is removed with immediate effect and until further orders.
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