The Ministry of Commerce and Industry has amended the Minimum Export Price (MEP) for Natural Honey, reducing it from US $2,000 to US $1,400 per Metric Ton (FOB) with immediate effect. This new price will be in effect until December 31, 2025.
| Tariff item HS Code | Item description | Export Policy | Existing Policy condition | Revised Policy condition |
|---|---|---|---|---|
| 04090000 | Natural Honey | Free | Subject to a Minimum Export Price (MEP) of US Dollar 2000 FOB per Metric Ton, till 31st December 2025. | Subject to a Minimum Export Price (MEP) of US Dollar 1400 FOB per Metric Ton, till 31st December 2025. |
This amendment to the export policy for honey (under ITC(HS) code 04090000) supersedes the earlier notification dated December 30, 2024. The revision aims to boost the competitiveness of Indian honey in the global market.