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Global Trade Alert

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India: Duty free import of additional capital goods allowed against export obligations (extended due to the COVID-19 pandemic)

Description

The duty exemption on capital goods introduced on 18 December 2018 by the Indian Ministry of Commerce and Industry through Public Notice No.61/2015-20 provides an indirect export subsidy for the eligi...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

18 Dec 2018

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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