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Global Trade Alert

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India: Temporary increase in export incentive for certain handicraft products (extended due to the COVID-19 pandemic)

Description

On 1 May 2018, the Indian Ministry of Commerce & Industry through Public Notice 2/2015-2020 increased the export incentive on 37 handicraft products from 5% to 7%. This incentive is provided under...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Nov 2017

Revocation date

31 Dec 2020

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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