Reetu | Dec 8, 2023 |
DGFT notified Amendment in Export Policy of Onions
The Directorate General of Foreign Trade (DGFT) has notified Amendment in Export Policy of Onions via issuing a Notification.
The Notification Stated:
In the exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government hereby amends the Export Policy of Onions in Chapter 07 of Schedule 2 of the ITC (IIS) Export Policy, as under:
The Notification will come into effect from 08.12.2023. The provisions as under Para 1.05 of the Foreign Trade Policy, 2023 regarding transitional arrangement shall not be applicable under this Notification.
Further, consignments of onions will be allowed to be exported on fulfillment of any one of the following three conditions:
i. where loading of onions on the ship has commenced before this Notification;
ii. where the shipping bill is filed and vessels have already berthed or arrived and anchored in Indian ports for loading of onion and their rotation number has been allocated before this Notification; The approval of loading in such vessels will be issued only after confirmation by the concerned Port Authorities regarding anchoring/berthing of the ship for loading of onions prior to’ the Notification; and
iii. where consignments of onions have been handed over to the Customs before this Notification and are registered in their system / where consignments of onions have entered the Customs Station for exportation before this Notification and are registered in the electronic systems of the concerned Custodian of the Customs Station with verifiable evidence of date and time stamping of these commodities having entered the Customs Station prior to issuance of this Notification. The period of export shall be upto 5th January, 2024.
The export of onions will also be allowed on the basis of permission granted by the Government of India to other countries based on the request of their Government.
Export policy of onions under HS Code 0703 10 19 is amended from ‘Free’ to ‘Prohibited, till 31.03.2024’.
For Official Notification Download PDF Given Below:
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