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Global Trade Alert

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India: Benefit under export incentive scheme capped

Description

On 1 September 2020, the Indian Ministry of Commerce and Industry through Notification No. 30/2015-2020 capped the total benefit that can be granted to an Import Export Code (IEC) holder under the Mer...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Sep 2020

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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