Global Trade Alert
Global Trade Alert

India: Relief in fulfilling export obligations and importing goods duty-free in response to the COVID-19 pandemic

Announcement

31 Mar 2020

India has extended the validity of duty-free import authorizations and deadlines for meeting export obligations under various export schemes of the Foreign Trade Policy to support the exporters affected by the COVID-19 pandemic.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Mar 2020

Revocation date:

31 Jan 2021

Announced: 31 Mar 2020
Tax-based export incentive
On 31 March 2020, the Indian Ministry of Commerce and Trade extended the validity of the Foreign Trade Policy (FTP) 2015-2020 from 31 March 2020 until 31 March 2021 to support the industry due to the ...
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Implementation date

31 Mar 2020

Revocation date:

31 Jan 2021

Announced: 31 Mar 2020
Import tariff
On 31 March 2020, the Indian Ministry of Commerce and Trade extended the validity of the Foreign Trade Policy 2015-2020 from 31 March 2020 until 31 March 2021 (see related State Act). Along with the e...
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