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Saturday, November 9, 2024

Govt grants extension for onion exports until November 30, clarifies criteria for eligibility

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On Thursday, the government provided clarification that onion shipments, which have been submitted to customs authorities and recorded in their systems prior to October 29, are eligible for export until November 30. This decision comes in the wake of the government’s imposition, on October 28, of a minimum export price (MEP) of USD 800 per tonne on onion exports until December 31. The aim is to enhance the availability of onions in the domestic market and control prices.

“Where onion consignment has been handed over to the customs before October 29, 2023… and is registered in their system/ where onions consignment has entered the customs station for exportation before this notification and is 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 station prior to October 29.

“The period of export shall be up to November 30 this year,” the Directorate General of Foreign Trade (DGFT) said.

It emphasized that export duties paid prior to the issuance of this notification will not be subject to refund.

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