Global Trade Alert
Global Trade Alert

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India: Scheme for remission of duties and taxes amended

Description

On 8 March 2024, the Indian Directorate General of Foreign Trade through Notification No. 70/2023 increased the duty remission rates of 25 goods under the Scheme for Remission of Duties and Taxes on E...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

08 Mar 2024

Revocation date

31 Mar 2026

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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