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Global Trade Alert

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India: Duty drawback on silver products reduced

Description

On 25 May 2018, the Ministry of Finance through Notification No. 46/2018-Customs (NT) reduced the duty drawback rates on exports of silver jewelry and other articles from INR 3513.8 (USD 51.86) to INR...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

25 May 2018

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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