Submission of ICLCs (Irrevocable Commercial Letter of Credits) eligible as per Para 1.05(b) of Foreign Trade Policy 2015-20 for export of Onions

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..... 1. All Members of the Trade 2. All DGFT RAs Subject: Submission of ICLCs (Irrevocable Commercial Letter of Credits) eligible as per Para 1.05(b) of Foreign Trade Policy 2015-20 for export of Onions Reference is invited to the DGFT Notification No. 31 dated 14.09.2020 prohibiting the export of all varieties of Onions, with immediate effect. The transitional arrangement under Para 1.05(b) of th .....

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..... tal quantity of Onion for which ICLCs have been opened before 14.09.2020 and this by no means provides the exporters any right to claim registration of their ICLCs to export onions. 5. DGFT RAs will only receive copies of ICLCs from exporters and in no case register them or act on these without further directions/order from DGFT HQ in this regard. 6. This issues with the approval of Competent Au .....

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