IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Apr 2014 | Removal date: 05 Feb 2015
Still in force

Export subsidy

On 30 April 2014, the Indian Ministry of Commerce and Industry through Notification No. 80(RE-2013)/2009-2014 reduced the minimum export price on exports of edible oil in branded consumer packs of up to 5 kgs. from USD 1400 per metric ton to USD 1100 per metric ton. The MEP was originally imposed in February 2013 and was later reduced in October 2013.

The export of edible oils has been prohibited since March 2008. However, oil exports in retail packs has been allowed with tariff quota restrictions (See related state acts).

The MEP has been later reduced to USD 900 per metric ton in February 2015.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1508 Groundnut oil and its fractions, whether or not refined, but not chemically modified.
150810 Crude oil
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151190 Other
1513 Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified.
151319 Other
1516 Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, interesterified, reesterified or elaidinised, whether or not refined, but not further prepared.
151620 Vegetable fats and oils and their fractions
345 Miscellaneous basic chemical products
1518 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of
151800 Animal or vegetable fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 15.16; inedible mixtures or preparations of

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