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Global Trade Alert

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India: Amendments to merchandise export incentive scheme of foreign trade policy 2015-2020 and subsequently extended for year 2020-2021 due to the COVID-19 pandemic

Description

Incentives on exports of 42 products were removed from the scheme. Further, incentives have been reduced on exports of Brazil Nuts Fresh/Dried Shelled from 5%, 5%, and 5% to 2%, 2% and 0% for countrie...

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Intervention Details

Intervention Type

Export subsidy

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

14 Jul 2015

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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Table

Affected Sectors

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Affected Products

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