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India: Additional budget approved for the year 2022-2023 (December 2022)

Description

On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified INR 208.92 crore (USD 25.27 million) as a one-time payment of arrears under the Rebate o...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

24 Dec 2022

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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