ANNOUNCEMENT 31 Mar 2011

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Notification No 41 (RE - 2010)/2009-2014
http://dgft.gov.in/exim/2000/not/not10/not4110.htm


Inception date: 31 Mar 2011 | Removal date: 30 May 2011

Export tax

 On 31 March 2011, the Ministry of Commerce & Industry reduced the Minimum Export Price on all onions except Bangalore rose and Krishnapuram onions from USD 225 per metric ton to USD 170 per metric ton.

The MEP on these onions was later increased in June 2011 to USD 200 per metric ton.

AFFECTED SECTORS