**Policy Summary: Imposition of Minimum Export Price on Export of Onions**
**Effective Date:** November 23, 2023
**Issuing Authority:** Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India.
**Subject:** Amendment to the Export Policy of Onions (ITC HS Code 0703 1019).
**Key Provisions:**
* A Minimum Export Price (MEP) of US$800 F.O.B. (Free on Board) per Metric Ton (MT) is imposed on onion exports.
* The MEP is effective until December 31, 2023.
* This notification supersedes Notification No. 42/2023, dated October 28, 2023, S.O. 4719(E).
**Exemptions:**
The following consignments of onions will be allowed to be exported without being subject to MEP:
1. Consignments handed over to Customs and registered in their system before October 29, 2023, the date Notification No. 42/2023 came into effect. The period of export shall be up to November 30, 2023.
2. Consignments that entered the Customs station for exportation before the date of this notification (November 23, 2023) and are registered in the electronic systems of the concerned Custodian of the Customs Station with verifiable evidence of date and time stamping of these commodities having entered the Customs Station prior to October 29, 2023, the date Notification No. 42/2023 came into effect. The period of export shall be up to November 30, 2023.
3. Consignments for which export duty has been paid before the issuance of this Notification. Such export duty is non-refundable.
**Legal Basis:**
* Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended.
* Paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023.
**Contact Information:**
Santosh Kumar Sarangi
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
Email: dgft@nic.in
File No. 01/91/171/50/Misc/AM2/e-26586
Key Entities Referenced
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and commerce.
Department of Commerce: A department within the Ministry of Commerce and Industry, Government of India.
Directorate General of Foreign Trade: Agency of the Ministry of Commerce and Industry responsible for implementing foreign trade policy.
Foreign Trade Development and Regulation Act, 1992: Indian legislation governing the development and regulation of foreign trade.
Foreign Trade Policy, 2023: The current foreign trade policy of India, outlining guidelines and objectives for promoting exports and regulating imports.
Onions: Agricultural commodity subject to export policy changes in this notification.
Minimum Export Price (MEP): The lowest price at which onions can be exported, set at US$800 F.O.B. per Metric Ton (MT).
New Delhi: The location of issuance for the notification.
(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
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 45 /2023
New Delhi, Dated: 234 November, 2023
Subject: - Imposition of Minimum Export Price on export of Onions.
S.0. (E) In supersession of Notification No.42/2023 dated 28/10/2023 [S.O. 4719(E)] and 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 hereby amends the Export Policy of Onions in Chapter 07 of
Schedule 2 of the ITC (HS) Export Policy, as under:
\Tariffitem | Unit Item [Export Policy condition
HS Code description [Policy | _ ee a, a
[0703 1019 | KG (Onions: | Free [Subject to a Minimum Export Price (MEP) of US $ 800)
Saupe eee L | IF.O.B. per Metric Ton (MT), till 31* December, 2023.” |
2. The Notification will come into immediate effect.
3. The following consignments of onions will be allowed to be exported without MEP:
i. Where onions consignment has been handed over to the Customs before 29" October, 2023 (the date
from which the Notification No.42/2023 dated 28/10/2023 [S.O. 4719(E)] came into effect) and is
registered in their system / where onions consignment has entered the Customs station for exportation
before this Notification and is registered in the electronic systems of the concerned Custodian of the
Customs Station with verifiable evidence of date and time stamping of these commodities having
entered the Customs Station prior to 29" October, 2023 (the date from which the Notification
No.42/2023 dated 28/10/2023 [S.O. 4719(E)] came into effect). The period of export shall be upto
30" November, 2023.
ii. Export duty has been paid before the issuance of this Notification. Such export duty is non - refundable.
4. Effect of this Notification:
Export of onions is ‘Free’. Minimum Export Price (MEP) of US $ 800 F.O.B per Metric Ton (MT) is
imposed till 31st December, 2023. Notification No.42/2023 dated 28/10/2023 [S.O. 4719(E)] is
superseded. ’ -
7 0}
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: dgft@nic.in
(Issued from File No.01/91/171/50/Misc/AM21/e-26586)