Global Trade Alert
Global Trade Alert

India: Scheme for remission of duties and taxes amended

Announcement

08 Mar 2024

On 8 March 2024, the Indian government extended a duty remission scheme to additional entities and increased the remission rates on certain products.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2024

Revocation date:

05 Feb 2025

To be prolonged: 20 Mar 2025
Tax-based export incentive
On 8 March 2024, the Indian Directorate General of Foreign Trade through Notification No. 70/2023 extended duty benefits under the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP...
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Implementation date

08 Mar 2024

Revocation date:

31 Mar 2026

End prolongation: 31 Mar 2026
Tax-based export incentive
On 8 March 2024, the Indian Directorate General of Foreign Trade through Notification No. 70/2023 increased the duty remission rates of 25 goods under the Scheme for Remission of Duties and Taxes on E...
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