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India: Duty drawback rates amended on gold and silver (August 2024)

Description

On 23 August 2024, the Indian Ministry of Finance through Notification No. 55/2024-Customs (N.T.) reduced the duty drawback rates applicable to the export of articles made of silver and gold. The Indi...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

23 Aug 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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