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The Central Government imposes a Minimum Export Price on the export of Natural Honey. Exporters must sell Natural Honey at or above the specified price. The requirement applies until the thirty-first day of December, 2024, or until further orders.
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(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi
Notification No. 75/2023 New Delhi, Dated: 14th March, 2024
Subject: - Imposition of Minimum Export Price (MEP) on export of Honey.
S.O. (E) In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & 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 imposes Minimum Export Price (MEP) on export of Natural Honey under ITC HS code 0409 00 00 of Schedule 2 of the ITC (HS) Export Policy, 2023, as under: -
| Tariff item HS Code | Item description | Export Policy | Policy condition |
|---|---|---|---|
| 0409 00 00 | Natural Honey | Free | Subject to a Minimum Export Price (MEP) of US $ 2000 per Metric Ton (PMT), till 31st December, 2024 or until further orders, whichever is earlier. |
The Notification will come into immediate effect. Transitional arrangements under Para 1.05 of Foreign Trade Policy, 2023 will be applicable.
Effect of this Notification:
Export of Natural Honey is 'Free'. Minimum Export Price (MEP) of US $ 2000 per Metric Ton (PMT) is imposed till 31st December, 2024 or until further orders, whichever is earlier.
[Image omitted. See the official document.]
(Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: dgft@nic.in
(Issued from File No. 01/91/180/879/AM08/EC/Vol.8/PartFile/e- 38272)