Global Trade Alert
Global Trade Alert

India: Duty drawback rates reduced and capped for certain vegetables

Announcement

26 Apr 2017

The Indian Ministry of Finance reduced the rebates rates under the Duty Drawback Scheme for Guar based vegetables. The Duty Drawback 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

26 Apr 2017

Revocation date:

No revocation date

Updated: 26 Apr 2017
Tax-based export incentive In force

On 26 April 2017, the Indian Ministry of Finance through Notification No. 41/2017-Customs (NT) reduced the rebate rate under the Duty Drawback Scheme on "Guar Gum Refined Split" under HS 0713 and "...

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