Global Trade Alert
Global Trade Alert

India: Export incentives allowed for export transactions made with Iran in Indian rupees

Announcement

05 Mar 2012

In March 2012, the government of India announced a change in repatriation and surrender requirements.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

05 Mar 2012

Revocation date:

No revocation date

Repatriation & surrender requirements In force

On 5 March 2012, India allowed exporters to get benefits and incentives on specific exports to Iran even when proceeds are collected in Indian rupees. Otherwise, the benefits can be availed only when...

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