Home India Ministry of Commerce and Industry In exercise of powers conferred by Section 3 of the Foreign ...
Date: 2019-09-30 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 3 of the Foreign Trade Development Regulation Act

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This notification, No. 21/2015-2020, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, on September 29, 2019, amends the export policy of onions. Effective immediately, the export of all varieties of onions, as described under Serial Numbers 51 and 52 of Chapter 7 of Schedule 2 of the ITC (HS) classification of Export and Import Items, is prohibited until further notice. This change is enacted under the powers conferred by Section 3 of the Foreign Trade (Development and Regulation) Act, 1992, as amended, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020. [F. No. 01/91/180/922/AM08/EC Vol. 4] Alok Vardhan Chaturvedi, Director General of Foreign Trade & Ex-Officio Secretary

Key Entities Referenced

Foreign Trade Development Regulation Act, 1992: A law that empowers the Central Government to make amendments regarding export and import policies. Foreign Trade Policy, 2015 2020: A policy document that outlines the guidelines and objectives for India's foreign trade. Central Government: The governing body responsible for making amendments to the export policy of onions. Export Import Items: Items classified under the ITC HS (Indian Trade Classification Harmonized System) for export and import regulations. Onions: The commodity whose export policy is being amended in the notification. Directorate General of Foreign Trade: The organization responsible for foreign trade regulation and issuing notifications related to export/import policies. Ministry of Commerce Industry: The ministry overseeing the Department of Commerce and the Directorate General of Foreign Trade. Alok Vardhan Chaturvedi: Director General of Foreign Trade and Ex-Officio Secretary.
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