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Global Trade Alert

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India: Increased benefits for certain products under Focus Product Scheme

Description

On 19 September 2014, the Indian Ministry of Commerce & Industry through Notification No. 70 (RE 2013)/2009-14 increased the duty credit benefit under the Focus Product Scheme (FPS) from 2% to 5%...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

19 Sep 2014

Revocation date

31 Mar 2015

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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