Global Trade Alert
Global Trade Alert

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India: Export incentives allowed for export transactions made with Iran in Indian rupees

Description

On 5 March 2012, India allowed exporters to get benefits and incentives on specific exports to Iran even when proceeds are collected in Indian rupees. Otherwise, the benefits can be availed only when...

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Intervention Details

Intervention Type

Repatriation & surrender requirements

MAST Chapter

Capital control measures

Implementation date

05 Mar 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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