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DGFT Sets Minimum Export Price (MEP) for Natural Honey Exports [Read Notification]

The Minimum Export Price (MEP) for natural honey has been extended to December 31, 2025, at USD 2000 per metric ton

Kavi Priya
DGFT Notification on Honey Export - Honey Export Price - DGFT Honey Export Rules - taxscan
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DGFT Notification on Honey Export – Honey Export Price – DGFT Honey Export Rules – taxscan

The Ministry of Commerce & Industry, through the Directorate General of Foreign Trade ( DGFT ), issued Notification No. 45/2024-25 dated December 30, 2024, announcing the extension of the Minimum Export Price (MEP) requirement for natural honey exports.

The Minimum Export Price (MEP) rule ensures that natural honey is not sold below a fixed price in international markets. Previously set to end on December 31, 2024, the rule will now continue until December 31, 2025.

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The MEP applies specifically to natural honey under the international tariff code ITC(HS) 04090000. Exporters must ensure that their honey is sold for at least USD 2000 per Metric Ton (FOB – Free on Board). This means that exporters are responsible for this minimum price before any additional shipping costs.

Tariff CodeDescriptionExport PolicyCondition
0409 00 00Natural HoneyFreeMust have a Minimum Export Price of USD 2000 FOB per Metric Ton until December 31, 2025.

The Minimum Export Price (MEP) for natural honey has been extended from its original end date of December 31, 2024, to December 31, 2025.

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Extract from Notification

Subject: Imposition of Minimum Export Price (MEP) on Export of Honey

S.O. (E): In exercise of powers conferred by Section 3, read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), and in accordance with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, and in amendment of the earlier Notification No. 75/2023 dated 14.03.2024, the Central Government hereby extends the condition of Minimum Export Price of Natural Honey under ITC(HS) Code 04090000 of Schedule-II (Export Policy), as follows:

Tariff Item HS CodeItem DescriptionExport PolicyPolicy Condition
0409 00 00Natural HoneyFreeSubject to a Minimum Export Price (MEP) of USD 2000 FOB per Metric Ton (PMT), till 31st December, 2025.

Effect of this Notification:

The Minimum Export Price (MEP) on Natural Honey is extended beyond 31st December 2024 to 31st December 2025.

(Signed)
Santosh Kumar Sarangi
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India

Email: dgft@nic.in

To Read the full text of the Order CLICK HERE

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