Announcement
17 Aug 2017
The Indian Ministry of Finance reduced the rebates rates under the Duty Drawback Scheme for gold jewellery, silver jewellery and other articles of silver. The Scheme provides rebates of payments of duties paid on imports or local purchase of articles that are used to manufacture export products.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
17 Aug 2017
Revocation date:
23 Sep 2018
Updated: 17 Aug 2017
Tax-based export incentive
On 17 August 2017, the Indian Ministry of Finance through Notification No. 79/2017-Customs (NT) reduced the All India Rates (AIR) for Duty Drawback as follows -
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