Ministry of Commerce and Industry Gazette Notification — 22-Mar-2024

Executive Summary & Key Takeaways

What it means

The notification extends the prohibition on onion exports beyond March 31, 2024, until further notice.

Key Changes

The export prohibition on onions under HS Code 0703 10 19, previously valid until March 31, 2024, has been extended indefinitely.
Notification No. 49 dated 07.12.2023 is amended to reflect this change.
Para-3 of Notification No. 49 dt. 07.12.2023 remains unchanged.

Impact Analysis

Onion Farmers

Need to assess alternative markets or storage solutions to mitigate losses.

Exporters

Need to explore alternative products for export or seek government support to navigate the export ban.

Consumers (Domestic)

Monitor market prices to ensure fair pricing and prevent hoarding.

Consumers (International)

International buyers may need to seek alternative sources for onion supply.

Government

Ensure compliance with the export prohibition and prevent illegal exports.

Key Entities Referenced

Ministry of Commerce and Industry (Department of Commerce): The ministry responsible for formulating and implementing foreign trade policy. Directorate General of Foreign Trade (DGFT): The agency responsible for implementing the foreign trade policy and issuing notifications related to exports and imports. Foreign Trade (Development & Regulation) Act, 1992: The primary legislation governing foreign trade in India. Foreign Trade Policy, 2023: The current policy framework guiding India's foreign trade. Notification No. 49 dt. 07.12.2023: The original notification regarding the export policy of onions, which is now amended by this notification. ITC (HS) Export Policy: Indian Trade Clarification based on Harmonized System of Coding. It classifies goods for import and export.

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-23032024-253336 CG-DxLx-xEG-I2D3H0x3x2x0 24-253336 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1472] नई दिल्ली, िुक्रवार, मार् च22, 2024/र्त्रै 2, 1946 No. 1472] NEW DELHI, FRIDAY, MARCH 22, 2024/CHAITRA 2, 1946 okf.kT; ,oa m|ksx ea=ky; ¼okf.kT; foHkkx½ ¼fons”k O;kikj egkfuns”kky;½ vf/klwpuk fnukad% 22 ekpZ] 2024 la- 81@2023 fo"k;% I;kt dh fu;kZr uhfr es a la”kks/kuA का. आ. 1541¼अ½.:— fons'k O;kikj uhfr] 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr ;Fkk la”kksf/kr fon's k O;kikj ¼fodkl vkSj fofu;eu½ vfèkfu;e] 1992 ¼1992 dh l[a ;k 22½ dh /kkjk 5 ds lkFk ifBr /kkjk 3 }kjk iznÙk “kfDr;k sa dk iz;ksx djrs gq, dsUnz ljdkj] ,rn~}kjk vkbVhlh ¼,p,l½ fu;kZr uhfr dh vulq pw h 2 v/;k; 07 es a I;kt dh fu;kZr uhfr ds lca a/k es a fnukad 07-12-2023 dh vf/klwpuk la- 49 es a fuEukuqlkj la”kks/ku djrh gS % iz”kqYd en ,p,l dksM bdkbZ en fooj.k fu;kZr uhfr la”kksf/kr fu;kZr uhfr 0703 10 19 fd-xkz- I;kt% fnukad 31-03-2024 rd vxys vkn”s kks a rd fuf’k) fuf’k) 2- fnukad 07-12-2023 dh vf/klwpuk la- 49 ds iSjk&3 ds rgr izko/kku vifjofrrZ jgsxa As 2232 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3- bl vf/klpw uk dk izHkko% fnukad 31 ekpZ] 2024 rd oS/k ,p,l dksM 0703 10 19 ds rgr I;kt ds fu;kZr ij fu;kZr fu’ks/k dks vxys vkns”kks a rd c<k+;k tkrk gSA [Qk-la- 01@91@171@50@fofo/k@,,e21@bZ&26586] lra ks"k dqekj lkjaxh] egkfuns'kd] fon's k O;kikj ,oa insu vij lfpo] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) DIRECTORATE GENERAL OF FOREIGN TRADE NOTIFICATION New Delhi, 22nd March, 2024 No. 81/2023 Subject: - Amendment in export policy of Onions. S.O. 1541(E).: — S.O. (E): In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government herebyamends Notification No. 49 dt. 07.12.2023 regarding Export Policy of Onions in Chapter 07 of Schedule 2 of the ITC (HS) Export Policy, as under: Tariff item Unit Item description Export Policy Revised Export Policy HS Code 0703 10 19 KG Onions: Prohibited till 31.03.2024 Prohibited until further orders. 2. Provisions under Para-3 of Notification No. 49 dt. 07.12.2023 remains unchanged. 3. Effect of this Notification: Export prohibition on export of onions under HS Code 0703 10 19 valid till 31st March, 2024 is extended until further orders. [F. No. 01/91/171/50/Misc/AM21/e-26586] Santosh Kumar Sarangi, Director General of Foreign Trade, & Ex-Officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Amendment in export policy of Onions.