ANNOUNCEMENT 15 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 59 (RE - 2010)/2009-2014
http://dgft.gov.in/Exim/2000/NOT/NOT11/not5910.htm


Inception date: 15 Jun 2011 | Removal date: 15 Jul 2011

Export tax

 On 15 July 2011, the Ministry of Commerce & Industry increased the Minimum Export Price on all onions except Bangalore rose and Krishnapuram onions from USD 200 per metric ton to USD 230 per metric ton.

The MEP on these onions was later increased in August 2011 to USD 275 per metric ton.

AFFECTED SECTORS