Imposition of Minimum Export Price (MEP) on Export of Honey.
The Indian government has extended the Minimum Export Price (MEP) for natural honey exports. This means honey cannot be sold below a set price when exported, helping to protect local producers from unfair competition.
· MEP applies to honey under ITC(HS) code 04090000.
· This is an update to the previous rule from March 2024.
· The goal is to ensure fair pricing and quality control for honey exports.
· Fair Pricing: Protects honey producers from price cuts.
· Quality: Encourages better quality exports.
· Market Stability: Prevents price fluctuations.
|
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 F.O.B PER METRIC TON (PMT), TILL 31ST DECEMBER, 2025 |
Minimum Export Price (MEP) on Natural Honey is extended beyond 31st December, 2024 till 31st December, 2025.
DGFT
Legal
Company Secretarial
DGFT Notifications
Others
Recent Posts
- DGFT 2025 Updates: Key Changes for Advance Authorization License & EPCG Authorization Licence Holders
- DGFT Notifies 3 New SIONs: A-3690, A-3691 & A-3692
- DGFT allocates 5841 MT for Sugar Export
- DGFT Eases Export Rules for Pharma Grade Sugar – Key Changes in ANF-2N Form
- DGFT Simplifies Import Clearance for Pre-Shipment Goods
- Clarification on NPOP Applicability for Organic Textile Exports
- DGFT Notification Correction – Jute Fabric HS Code Revised
- DGFT Issues Three New SIONs Under FTP 2023
FeATURED ARTICLES
DGFT 2025 Updates: Key Changes for Advance Authorization License & EPCG Authorization Licence Holders The Directorate General of Foreign Trade…
DGFT Notifies 3 New SIONs: A-3690, A-3691 & A-3692 In exercise of the powers conferred under Paragraph 1.03 of the…
DGFT allocates 5841 MT for Sugar Export As per Para 2.04 of Foreign Trade Policy, 2023, Director General of Foreign…
DGFT Eases Export Rules for Pharma Grade Sugar – Key Changes in ANF-2N Form The Directorate General of Foreign Trade…
