ANNOUNCEMENT 07 Apr 2015

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

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Notification No. 2 /2015-2020
http://dgft.gov.in/Exim/2000/NOT/NOT15/not0215.pdf


Inception date: 07 Apr 2015 | Removal date: 07 Jul 2015
Still in force

Export tax

 On 7 April 2015, the Indian government reduced the Minimum Export Price (MEP) on onions from USD 300 per Metric Tonne (MT) to USD 250 per MT.
 
The MEP was last reduced in August 2014 from USD 500 to USD 300 per MT. Since this measure, it has been later increased to USD 425 per MT in June 2015 (see related measures).

AFFECTED SECTORS

 

AFFECTED PRODUCTS