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36(RE-2010)/2009-14, Dated: 23/03/2011
 

Minimum Export Price of Onions

(To be Publishedin the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))
 
 
Government of India
Ministry of Commerce & Industry
Department of Commerce
UdyogBhawan

 
 

Notification No  36(RE – 2010)/2009-2014
New Delhi, Dated :   23rd  March, 2011

 
 
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  34(RE – 2010)/2009-2014 dated 16.03.2011 read with Notification No  24(RE – 2010)/2009-2014 dated 18.02.2011.  This will be with immediate effect.
 
2.         (a)  The phrase “Minimum Export Price(MEP) of US$ 275 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”  as appearing in para2 of Notification No  34(RE – 2010)/2009-2014 dated 16.03.2011for the item description at Serial Number 44.01 of  Notification No  24(RE–2010)/2009-2014 dated 18.02.2011 is replaced by the phrase “Minimum Export Price(MEP) of US$ 225 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”.
         
           (b)  The phrase “Minimum Export Price(MEP) of US$ 1400 per Metric Ton or as notified by DGFT from time-to-time”  as appearing in para2 of Notification No  24(RE – 2010)/2009-2014 dated 18.02.2011for the item description at Serial Number 44.02 is replaced by the phrase “Minimum Export Price(MEP) of US$ 600 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
 
            3.   Effect of this notification:
           
(i)                  Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and Krishnapuram  onionswill be US$ 225 per Metric Ton F.O.B.  It was US$ 275 per Metric Ton as notified on 16.03.2011. 
 
(ii)                 Minimum Export Price (MEP) of Bangalore Rose Onions and Krishnapuram  onionswill be US$ 600 per Metric Ton F.O.B.  It was US$ 1400 per Metric Ton as notified on 18.02.2011. 
 
 
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