Govt allows Free Export of Onions Subject to MEP of USD 550 Per MT [Read Notification]
Governments may impose restrictions on onion exports to maintain a sufficient domestic supply and stabilize prices, especially in periods of scarcity or price fluctuations
Free onion export – Onion export – DGFT notification – DGFT notification on onion export – Onion export regulations – taxscan
Free onion export – Onion export – DGFT notification – DGFT notification on onion export – Onion export regulations – taxscan
The Central Government has allowed the ‘Free’ export of onion subject to Minimum Export Price ( MEP ) of US Dollars 550 per metric tonne with immediate effect and until further orders. The Directorate General of Foreign Trade ( DGFT ), vide notification no. 10/2024-25 dated 4th May 2024 has notified the same.
| Tariff item HS Code | Item description | Existing Export Policy | Policy condition | Revised Export Policy | Revised Policy Conditions |
| 07031019 | Onions | Prohibited | Nil | Free | Export is subject to a Minimum Export Price (MEP) of USD 550 per Metric Ton (MT) |
On 22nd March, the government announced the restriction on export of onions. Then, the export of onions was prohibited until March 31st 2024, however, with a new notification it was extended and ‘prohibited until further orders’. The present notification ends the prohibition and anyone can export with MEP of US 550 per MT.
Read Previous Notification: Govt Prohibits Onion Exports until Further Orders
Governments may impose restrictions on onion exports to maintain a sufficient domestic supply and stabilize prices, especially in periods of scarcity or price fluctuations. This measure aims to avoid shortages and maintain reasonable onion prices for consumers within the country.
To Read the full text of the Notification CLICK HERE
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