Ministry of Finance TheDollarBusiness

Export Policy of Potato - Removal of Minimum Export Price (MEP) on export of potatoes.

Dated 27th December, 2016 | Copy of | DGFT Notification No.32/2015-2020 | 

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments with immediate effect in Notification No.15/2015-20 dated 26.07.2016 read with Notification No.85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potatoes.

2. Para 1 of Notification No.15/2015-20 dated 26.07.2016 is amended to read as:

“Export of Potatoes, Fresh or Chilled at Serial Number 50A of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted without any Minimum Export Price (MEP).

3. Effect of this notification:

Potatoes as described above is permitted for export without any Minimum Export Price (MEP).

Sd/-
(A.K. Bhalla)
Director General of Foreign Trade

F.No.01/91/180/82/AM 15/Export Cell
Issued by:
Ministry of Commerce & Industry
Department of Commerce
New Delhi

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The Dollar Business Bureau - Dec 27, 2016 12:00 IST