GST India Solution

85(RE-2010)/2011-12, Dated: 18/11/2011

Minimum Export Price of Onions

(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
Udyog Bhawan

Notification No. 85(RE–2010)/2009-2014
New Delhi, Dated: 18^th November, 2011

Subject:- Minimum Export Price of Onions.

S.O. (E)      In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government makes the following amendment in Notification No 75(RE – 2010)/2009-2014 dated 20.09.2011 with immediate effect.

2.                The “Minimum Export Price(MEP) of US$ 475 per Metric Ton F.O.B. or as notified by DGFT from time-to-time” as appearing in the column “ Nature of Restriction” for the item description at Serial Number 44.01 of Notification No 75(RE–2010)/2009-2014 dated 20.09.2011 is replaced by “Minimum Export Price(MEP) of US$ 350 per Metric Ton F.O.B. or as notified by DGFT from time-to-time” and “Minimum Export Price(MEP) of US$ 475 per Metric Ton F.O.B. or as notified by DGFT from time-to-time” for the item description at Serial Number 44.02 of Notification No 75(RE–2010)/2009-2014 dated 20.09.2011 is replaced by “Minimum Export Price(MEP) of US$ 400 per Metric Ton F.O.B. or as notified by DGFT from time-to-time”.

3. Effect of this notification:

Minimum Export Price (MEP) of all varieties of onions excluding Bangalore Rose Onions and Krishnapuram Onions will be US$ 350 per Metric Ton F.O.B. It was US$ 475 per Metric Ton for general category onion as notified on 20.09.2011.For Bangalore Rose Onions and Krishnapuram Onions it will be US$ 400 per MT F.O.B instead of US$ 475 per MT as notified on 20.09.2011.

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in

(Issued from File No. 01/91/180/922/AM08/PC-III/Export Cell)

Latest Articles

<--

WHAT IS GST?

GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....

-->

BASIS OF CHARGE OF GST- SUPPLY

In pre-GST regime, goodswere liable to: (i) Excise Duty- on manufacture of goods; (ii) VAT/CST- on sale of goods; (iii) Entry tax- on ...

WHO IS LIABLE TO PAY TAX

GST is levied on every taxable person. Taxable person means a person who carries on any business at any place in India. Such . ..

WHAT IS TAXED UNDER GST

GST is a unified tax which is levied on: (i) goods; (ii) services and (iii) a mix of goods and/or services. Any supply of goods or services . .. ...

Who We Are

GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

Why

Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .