Govt lifts Minimum Export Price on Onion Export [Read Notification]

The government sets a Minimum Export Price (MEP) to ensure that exporters do not sell their goods below a certain threshold, protecting both domestic markets and exporters from potential harm
By Navasree A.M - On September 16, 2024 1:16 pm - 2 mins read
Minimum Export Price - MEP - Central Government - Onion Export - Section 5 Foreign Trade - Foreign Trade Policy - taxscan

The Central Government has announced the removal of the Minimum Export Price ( MEP ) on onion exports. This decision is made under the authority of Section 3 in conjunction with Section 5 of the Foreign Trade ( Development & Regulation ) Act, 1992, as amended, and in accordance with Para 1.02 and 2.01 of…

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