Imposition of Minimum Export Price (MEP) on Export of Honey

Type of Document: Notification

Notification Date: 30-Dec-2024

Relevant Act(s)/Rule(s): Foreign Trade Policy, 2023

Notification No.:Notification No. 45/2024-25

The Central Government, under the powers conferred by the Foreign Trade (Development & Regulation) Act, 1992, has extended the imposition of a Minimum Export Price (MEP) for the export of Natural Honey (HS Code 04090000) till December 31, 2025. The MEP is set at US$ 2000 F.O.B per Metric Ton (PMT) and remains in effect for the export policy of Natural Honey.

Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article. 

To stay updated Subscribe to our newsletter today

Explore other Legal updates on the 1-Comply and follow us on LinkedIn to stay updated 

Schedule A Demo