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India: Duty drawback reduced on gold and silver jewellery

Description

On 17 August 2017, the Indian Ministry of Finance through Notification No. 79/2017-Customs (NT) reduced the All India Rates (AIR) for Duty Drawback as follows - On gold jewellery from INR 261.5 (~US...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

17 Aug 2017

Revocation date

23 Sep 2018

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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