Notification No. 49 /2015-20 Dated: 2nd March, 2020
Issued By. DGFT
“S.O. (E) In exercise of powers conferred by Section 3 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, 201520, the Central Government hereby makes the following amendment in Notification No. 21/2015-20 dated 29.09.2019 and Notification No. 46/2015-20 dated 06.02.2020 amending the Export Policy of Onion for the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items, with effect from 15th March, 2020.
|
Sl No |
ITC (HS) Code |
Description |
Present Policy |
Revised Policy |
|
51 |
|
Onion (all varieties except Bangalore Rose onions and Krishnapuram onions) excluding cut, sliced or broken in powder form. |
Prohibited |
Free |
|
52 |
|
Bangalore Rose onions and Krishnapuram onions excluding cut, sliced or broken in powder form. |
Prohibited |
Free |
Effect of this Notification : The Export of all varieties of Onions, as described above, has been made "Free" without- any condition of Letter of Credit (LC) and Minimum Export Price (MEP), with effect from 15th March, 2020. Accordingly, the Notification No. 46/2015-20 related to export of Krishnapuram Onions also stands withdrawn with effect from 15th March, 2020.”