| 3.0 FIXATION OF MINIMUM EXPORT PRICE (MEP) |
|
The export of onion will be subject to MEP as fixed in the monthly meeting (last working day of every month) of all the canalizing agencies. GAIC will immediately inform MEP to Registered Associate Shippers. |
| 4.0 NO OBJECTION CERTIFICATE (NOC) |
|
The exporter shall apply for No Objection Certificate (NOC) as per Performa at Annexure III to GAIC for each export consignment. The exporter will furnish to Gujarat Agro Inds Corpn. Ltd. the details such as quantity to be exported, export rate, port of shipment, shipment period, destination and details of L/C, Inward remittance, contract etc. The party is also required to submit Performa invoice and copy of advance remittance certificate, L/C or contract along with application for NOC. |
| 5.0 SERVICE CHARGES |
|
While granting and issuing NOC, GAIC will be entitled to collect service charges from the Associate Shipper at the fixed rate of 1% of invoice price. The amount of service charge shall be to be remitted by D.D./ Local Cheque only in favour of GAIC along with application. Service charge will not be refunded if shipment is not effected by the Associate Shipper in part or full. |
| 6.0 Agricultural Development Fund |
|
Development fund is decided by the Ministry of Commerce New Delhi from time to time. The Associate Shipper will have to deposit the Development Fund amount in advance by D.D. / Local cheque to GAIC at the time of applying for NOC. |
| 7.0 EXTENSION OF VALIDITY |
|
In case the shipping documents are passed on or before the last date of validity of the MEP but shipment could not be made due to late arrival of vessel, berthing and cancellation of the vessel, a grace period of 7 days for execution of the such shipment on the previous month MEP will be permitted. |