ANNOUNCEMENT 26 Jun 2015

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Notification No. 13 /2015-2020
http://dgft.gov.in/Exim/2000/NOT/NOT15/note132015.pdf


Inception date: 26 Jun 2015 | Removal date: 25 Aug 2015
Still in force

Export tax

 On 26 June 2015, the Indian government increased the Minimum Export Price (MEP) on onions from USD 250 per Metric Tonne (MT) to USD 425 per MT.

The MEP was last reduced in April 2015 from USD 300 to USD 250 per MT and was increased again in August 2015 to USD 700 per MT (see related measures).

AFFECTED SECTORS

 

AFFECTED PRODUCTS