Global Trade Alert
Global Trade Alert

India: Duty drawback rates amended on gold and silver (August 2024)

Announcement

23 Aug 2024

On 23 August 2024, the Indian government reduced the duty drawback rates applicable to the exports of gold and silver articles

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

23 Aug 2024

Revocation date:

No revocation date

Tax-based export incentive In force

On 23 August 2024, the Indian Ministry of Finance through Notification No. 55/2024-Customs (N.T.) reduced the duty drawback rates applicable to the export of articles made of silver and gold. The Indi...

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