The DGFT vide Notification No. 45/2023 dated November 22, 2023, has imposed a Minimum Export Price (MEP) of US $800 F.O.B per Metric Ton (MT) on the export of onions until December 31, 2023, thereby altering the status of onion exports from ‘Free’. This notification supersedes Notification No. 42/2023 dated October 28, 2023.
In supersession of Notification No.42/2023 dated October 28, 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:
| Tariff item HS Code | Unit | Item description | Export Policy | Policy condition |
| 0703 10 19 | KG | Onions: | Free | Subject to a Minimum Export Price (MEP) of US $ 800 F.O.B. per Metric Ton (MT), till December 31, 2023.” |
The Notification will come into immediate effect.
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 October 29, 2023 (the date from which the Notification No. 42/2023 dated October 28, 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 October 29, 2023 (the date from which the Notification No.42/2023 dated October 28, 2023 [S.O. 4719(E)] came into effect). The period of export shall be upto November 30, 2023.
ii. Export duty has been paid before the issuance of this Notification. Such export duty is non-refundable.
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 December 31, 2023. Notification No.42/2023 dated October 28, 2023 [S.O. 4719(E)] is superseded.
The Notification can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/11/Notification-No.-45-2023-English.pdf