ANNOUNCEMENT 11 Dec 2015

In December 2015, the government of India announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Notification No. 26/2015-20 - 11 December 2015
http://dgft.gov.in/Exim/2000/NOT/NOT15/noti26.pdf


Inception date: 11 Dec 2015 | Removal date: open ended
Still in force

Export tax

 On 11 December 2015, the Indian government reduced the Minimum Export Price (MEP) on onions from USD 700 per Metric Tonne (MT) to USD 400 per MT.

The MEP was last increased in 24 August 2015 from USD 425 to USD 700 per MT and was later withdrawn on 24 December 2015 (see related measures).

AFFECTED SECTORS

 

AFFECTED PRODUCTS