FTP - Export of Onions - Free
GOVERNMENT has amended Chapter 7 of Schedule 2 of ITC(HS) Classification of Export & Import Items to make export policy for onions as FREE.
Earlier export of onions was permitted only through STEs and subject to a Minimum Export Price (MEP) notified by the DGFT. Recently vide Notification No. 72/(RE-2013)/2009-2014, dated 4-3-2014, Government had removed the Minimum Export Price stipulation for export of onions. (Please see - 06.03.2014 ).
Now, the STE stipulation is also removed making the export policy of onions - free.
DGFT Notification No. 73/(RE-2013)/2009-2014, Dated: March 12, 2014