ANNOUNCEMENT 16 May 2011

In May 2011, the government of India announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Notification No. 46 (RE - 2010)/2009-2014
http://dgft.gov.in/Exim/2000/NOT/NOT11/not4610.htm


Inception date: 16 May 2011 | Removal date: 15 Aug 2011

Export tax

 On 16 May 2011, the Ministry of Commerce & Industry reduced the Minimum Export Price on Bangalore rose and Krishnapuram onions from USD 600 per metric ton to USD 350 per metric ton.
 
The MEP on these onions was later increased in August 2011 to USD 400 per metrix ton.

AFFECTED SECTORS