IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 05 Jun 2012 | Removal date: open ended
Still in force

Other export incentive

On 5 June 2012, the Indian Directorate General of Foreign Trade (DGFT) notified the introduction of an electronic system for issuance of Banks Realization Certificates (BRCs), a certificate whose physical submission is currently required for exporters who want to claim export benefits. The new system will transmit the Certificates directly to DGFT's server and is expected to reduce cost and time for the transactions.

AFFECTED COUNTRIES

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TABLE
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