ANNOUNCEMENT 08 Jun 2011

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Notification No 56 (RE - 2010)/2009-2014
http://dgft.gov.in/Exim/2000/NOT/NOT11/not5610.htm


Inception date: 08 Jun 2011 | Removal date: 08 Jul 2011

Export tax

 On 8 June 2011, the Ministry of Commerce & Industry increased the Minimum Export Price on all onions except Bangalore rose and Krishnapuram onions from USD 170 per metric ton to USD 200 per metric ton.

The MEP on these onions was later increased in July 2011 to USD 230 per metric ton.

AFFECTED SECTORS