Amendment in Export Policy of Onions

Last updated: 29 December 2020

Save Share

Quick Summary

The Directorate General of Foreign Trade has announced an amendment to the export policy for onions. Effective from 1st January 2021, the export of all varieties of onions, including Bangalore Rose and Krishnapuram onions, will be permitted. Previously, these exports were prohibited. This change makes onion exports 'Free'.

MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
New Delhi, the 28th December, 2020

Notification No. 50/2015-2020

Subject : Amendment in Export Policy of Onions.

S.O. 4740(E). - In exercise of powers conferred by Section 3 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, 2015-20, the Central Government hereby makes the following amendment in Notification No. 31/2015-20 dated 14.09.2020 amending the Export Policy of Onion for the item description at Serial Numbers 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items, with effect from 01.01.2021.

S.No.	ITC (HS) Code	Description	Present Policy	Revised Policy
51	07031010 07122000	Onion (all varieties except Bangalore Rose onions and Krishnapuram onions) excluding cut, sliced or broken in powder form.	Prohibited	Free
52	07031010 07122000	Bangalore Rose onions and Krishnapuram onions excluding cut, sliced or broken in powder form.	Prohibited	Free

2. Effect of this Notification:

The Export of all varieties of Onions, as described above, has been made “Free” with effect from 01.01.2021.

Accordingly, the Notification No. 39/2015-20 dated 09.10.2020 related to export of Bangalore Rose and Krishnapuram Onions also stands withdrawn with effect from 01.01.2021.

[F. No. 01/91/180/922/AM08/EC/Vol. 4]
AMIT YADAV, Director General of Foreign Trade
& Ex-Officio Addl. Secy.

FAQ :

The export policy for all varieties of onions has been amended from 'Prohibited' to 'Free'.

The amendment comes into effect from 1st January 2021.

Yes, the amendment applies to all varieties of onions, including Bangalore Rose onions and Krishnapuram onions.

Yes, the export of all varieties of onions was previously prohibited.

The notification states that the export is 'Free' for all varieties of onions, excluding cut, sliced, or broken in powder form.

Notification No : 50/2015-2020
Source : http://egazette.nic.in/WriteReadData/2020/223973.pdf

94 Views Comment Share Miscellaneous Report

News posted by

CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments