ANNOUNCEMENT 07 Sep 2009In September 2009, the government of India announced a change in export taxation.
NUMBER OF INTERVENTIONS
Notification No. 05/2009-2014
On 7 September 2009, vide Notification No. 05/2009-2014, the Government of India reduced the Minimum Export Price (MEP) requirements on the export of Basmati rice from the country.
The MEP was reduced to USD 900 per ton, from the earlier requirement of USD 1100 per ton.