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Global Trade Alert

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India: Duty drawback rates increased on gold and silver products

Description

On 24 September 2018, the Indian Ministry of Finance through Notification No. 82/2018-Customs (NT) increased the All India Rates (AIR) for Duty Drawback as follows - On gold jewellery from INR 246.5...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

24 Sep 2018

Revocation date

19 Feb 2019

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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