Announcement
13 Mar 2018
An irrevocable letter of credit has been disallowed to apply for export incentives/obligations discharged.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
13 Mar 2018
Revocation date:
No revocation date
Updated: 13 Mar 2018
Export subsidy
In force
On 13 March 2018, the Indian Directorate General of Foreign Trade through Public Notice 65/2015-20 amended the Foreign Trade Policy to disallow an Irrevocable Letter of Credit to be used as a deeme...
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