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: 04 Jun 2015 | Removal date: 23 Aug 2017

Tax-based export incentive

 On 4 June 2015, the Indian Ministry of Commerce & Industry reduced the duty free allowance for Status Holders to export promotional products. Earlier the limit for such duty free export was INR 1 million or 2% of average annual export realization in the previous three years, "whichever is higher". The limit has now been changed to INR 1 million or 2% of average annual export realization of the firm in the previous three years, "whichever is lower". Effectively, a cap of INR 1 million (ca. USD 15'800)has been placed on such duty free exports.
 
Within the Indian Foreign Trade Policy 2015-2020, Status Holders include business leaders, firms with high contribution to international trade and firms with high export contributions (at least USD 3 million per year). The list of such firms currently (update link provided below) lists more than 5700 status holder firms.

The allowance was later increased on 23 August 2017 (see related State Act).

The goods included in this intervention are the ones that are subject to an export duty under the Second Schedule of the Indian Customs Act.

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

014 Oilseeds & oleaginous fruits
1202 Groundnuts, not roasted or otherwise cooked, whether or not shelled or broken.
120241 In shell
016 Stimulant, spice & aromatic crops
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090111 Not decaffeinated
0902 Tea, whether or not flavoured.
090220 Other green tea (not fermented)
090240 Other black tea (fermented) and other partly fermented tea
0904 Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta.
090411 Neither crushed nor ground
0908 Nutmeg, mace and cardamoms.
090811 Neither crushed nor ground
090831 Neither crushed nor ground
019 Forage; natural rubber; living plants; raw vegetable materials
2401 Unmanufactured tobacco; tobacco refuse.
240110 Tobacco, not stemmed/stripped
5201 Cotton, not carded or combed.
520100 Cotton, not carded or combed.
029 Other animal products
4101 Raw hides and skins of bovine (including buffalo) or equine animals (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchmentdressed or further prepared), whether or not dehaired or split.
410150 Whole hides and skins, of a weight exceeding 16 kg
141 Iron ores & concentrates, other than roasted iron pyrites
2601 Iron ores and concentrates, including roasted iron pyrites.
260111 Nonagglomerated
260112 Agglomerated
142 Non-ferrous metal ores & concentrates
2602 Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20 % or more, calculated on the dry weight.
260200 Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20 % or more, calculated on the dry weight.
2606 Aluminium ores and concentrates.
260600 Aluminium ores and concentrates.
2610 Chromium ores and concentrates.
261000 Chromium ores and concentrates.
2614 Titanium ores and concentrates.
261400 Titanium ores and concentrates.
151 Monumental or building stone
2516 Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape.
251611 Crude or roughly trimmed
251612 Merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape
251620 Sandstone
251690 Other monumental or building stone
154 Clays
2508 Other clays (not including expanded clays of heading 68.06), andalusite, kyanite and sillimanite, whether or not calcined; mullite; chamotte or dinas earths.
250850 Andalusite, kyanite and sillimanite
161 Chemical & fertilizer minerals
2511 Natural barium sulphate (barytes); natural barium carbonate (witherite), whether or not calcined, other than barium oxide of heading 28.16.
251110 Natural barium sulphate (barytes)
163 Precious & semi-precious stones; natural abrasives; other minerals
2525 Mica, including spliiting; mica waste.
252510 Crude mica and mica rifted into sheets or splitting
252520 Mica powder
2526 Natural steatite, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape; talc.
252620 Crushed or powdered
214 Prepared & preserved fruits & nuts
1202 Groundnuts, not roasted or otherwise cooked, whether or not shelled or broken.
120242 Shelled, whether or not broken
219 Oil-cake; flours & meals of oil seeds; vegetable waxes; etc.
2305 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil.
230500 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil.
2306 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils, other than those of heading 23.04 or 23.05.
230610 Of cotton seeds
230641 Of low erucic acid rape or colza seeds
230649 Other
230690 Other
231 Grain mill products
1006 Rice.
100630 Semimilled or wholly milled rice, whether or not polished or glazed
233 Preparations used in animal feeding; lucerne meal & pellets
2309 Preparations of a kind used in animal feeding.
230910 Dog or cat food, put up for retail sale
230990 Other
235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170112 Beet sugar
170113 Cane sugar specified in Subheading Note 2 to this Chapter
170114 Other cane sugar
170199 Other
239 Food products n.e.c.
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090112 Decaffeinated
090121 Not decaffeinated
090190 Other
0902 Tea, whether or not flavoured.
090210 Green tea (not fermented) in immediate packings of a content not exceeding 3 kg
090230 Black tea (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3 kg
0908 Nutmeg, mace and cardamoms.
090812 Crushed or ground
0910 Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices.
091030 Turmeric (curcuma)
250 Tobacco products
2401 Unmanufactured tobacco; tobacco refuse.
240120 Tobacco, partly or wholly stemmed/stripped
263 Textile yarn & thread of natural fibres
5308 Yarn of other vegetable textile fibres; paper yarn.
530810 Coir yarn
530890 Other
265 Woven fabrics of natural non-cotton fibres
5310 Woven fabrics of jute or of other textile bast fibres of heading 53.03.
531010 Unbleached
531090 Other
271 Made-up textile articles
6305 Sacks and bags, of a kind used for the packing of goods.
630510 Of jute or of other textile bast fibres of heading 53.03
630520 Of cotton
630532 Flexible intermediate bulk containers
630533 Other, of polyethylene or polypropylene strip or the like
630539 Other
283 Furskins & artificial fur; articles thereof
4302 Tanned or dressed furskins (including heads, tails, paws and other pieces or cuttings), unassembled, or assembled (without the addition of other materials) other than those of heading 43.03.
430230 Whole skins and pieces or cuttings thereof, assembled
4303 Articles of apparel, clothing accessories and other articles of furskin.
430310 Articles of apparel and clothing accessories
430390 Other
291 Tanned or dressed leather; composition leather
4104 Tanned or crust hides and skins of bovine (including buffalo) or equine animals, without hair on, whether or not split, but not further prepared.
410411 Full grains, unsplit; grain splits
410419 Other
410441 Full grains, unsplit; grain splits
410449 Other
4105 Tanned or crust skins of sheep or lambs, without wool on, whether or not split, but not further prepared.
410530 In the dry state (crust)
4106 Tanned or crust hides and skins of other animals, without wool or hair on, whether or not split, but not further prepared.
410622 In the dry state (crust)
4107 Leather further prepared after tanning or crusting, including parchmentdressed leather, of bovine (including buffalo) or equine animals, without hair on, whether or not split, other than leather of heading 41.14.
410711 Full grains, unsplit
410712 Grain splits
410719 Other
410791 Full grains, unsplit
410792 Grain splits
410799 Other
4112 Leather further prepared after tanning or crusting, including parchmentdressed leather, of sheep or lamb, without wool on, whether or not split, other than leather of heading 41.14.
411200 Leather further prepared after tanning or crusting, including parchmentdressed leather, of sheep or lamb, without wool on, whether or not split, other than leather of heading 41.14.
4113 Leather further prepared after tanning or crusting, including parchmentdressed leather, of other animals, without wool or hair on, whether or not split, other than leather of heading 41.14.
411310 Of goats or kids
411390 Other
4114 Chamois (including combination chamois) leather; patent leather and patent laminated leather; metallised leather.
411410 Chamois (including combination chamois) leather
411420 Patent leather and patent laminated leather; metallised leather
4115 Composition leather with a basis of leather or leather fibre, in slabs, sheets or strip, whether or not in rolls; parings and other waste of leather or of composition leather, not suitable for the manufacture of leather articles; leather dust, powder and
411510 Composition leather with a basis of leather or leather fibre, in slabs, sheets or strip, whether or not in rolls
342 Basic inorganic chemicals n.e.c.
2820 Manganese oxides.
282090 Other
379 Other non-metallic mineral products n.e.c.
6814 Worked mica and articles of mica, including agglomerated or reconstituted mica, whether or not on a support of paper, paperboard or other materials.
681490 Other
391 Wastes from food & tobacco industry
2401 Unmanufactured tobacco; tobacco refuse.
240130 Tobacco refuse
392 Non-metal wastes or scraps
5202 Cotton waste (including yarn waste and garnetted stock).
520210 Yarn waste (including thread waste)
520299 Other
393 Metal wastes or scraps
7204 Ferrous waste and scrap; remelting scrap ingots of iron or steel.
720421 Of stainless steel
411 Basic iron & steel
7201 Pig iron and spiegeleisen in pigs, blocks or other primary forms.
720110 Nonalloy pig iron containing by weight 0.5 % or less of phosphorus
720150 Alloy pig iron; spiegeleisen
7203 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms.
720310 Ferrous products obtained by direct reduction of iron ore
720390 Other
7205 Granules and powders, of pig iron, spiegeleisen, iron or steel.
720529 Other
7206 Iron and nonalloy steel in ingots or other primary forms (excluding iron of heading 72.03).
720610 Ingots
7207 Semifinished products of iron or nonalloy steel.
720711 Of rectangular (including square) crosssection, the width measuring less than twice the thickness
720712 Other, of rectangular (other than square) crosssection
720719 Other
720720 Containing by weight 0.25 % or more of carbon
412 Products of iron or steel
7208 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated.
720810 In coils, not further worked than hotrolled, with patterns in relief
720825 Of a thickness of 4.75 mm or more
720826 Of a thickness of 3 mm or more but less than 4.75 mm
720827 Of a thickness of less than 3 mm
720836 Of a thickness exceeding 10 mm
720837 Of a thickness of 4.75 mm or more but not exceeding 10 mm
720838 Of a thickness of 3 mm or more but less than 4.75 mm
720839 Of a thickness of less than 3 mm
720840 Not in coils, not further worked than hotrolled, with patterns in relief
720851 Of a thickness exceeding 10 mm
720852 Of a thickness of 4.75 mm or more but not exceeding 10 mm
720853 Of a thickness of 3 mm or more but less than 4.75 mm
720854 Of a thickness of less than 3 mm
720890 Other
7209 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, coldrolled (coldreduced), not clad, plated or coated.
720915 Of a thickness of 3 mm or more
720916 Of a thickness exceeding 1 mm but less than 3 mm
720917 Of a thickness of 0.5 mm or more but not exceeding 1 mm
720918 Of a thickness of less than 0.5 mm
720926 Of a thickness exceeding 1 mm but less than 3 mm
720927 Of a thickness of 0.5 mm or more but not exceeding 1 mm
720928 Of a thickness of less than 0.5 mm
720990 Other
7210 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, clad, plated or coated.
721011 Of a thickness of 0.5 mm or more
721012 Of a thickness of less than 0.5 mm
721030 Electrolytically plated or coated with zinc
721041 Corrugated
721049 Other
721061 Plated or coated with aluminiumzinc alloys
721069 Other
721070 Painted, varnished or coated with plastics
721090 Other
7212 Flatrolled products of iron or nonalloy steel, of a width of less than 600 mm, clad, plated or coated.
721210 Plated or coated with tin
721220 Electrolytically plated or coated with zinc
721230 Otherwise plated or coated with zinc
721240 Painted, varnished or coated with plastics
721250 Otherwise plated or coated
7213 Bars and rods, hotrolled, in irregularly wound coils, of iron or nonalloy steel.
721310 Containing indentations, ribs, grooves or other deformations produced during the rolling process
721391 Of circular crosssection measuring less than 14 mm in diameter
721399 Other
7214 Other bars and rods of iron or nonalloy steel, not further worked than forged, hotrolled, hotdrawn or hotextruded, but including those twisted after rolling.
721410 Forged
721420 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
721491 Of rectangular (other than square) crosssection
721499 Other
7215 Other bars and rods of iron or nonalloy steel.
721550 Other, not further worked than coldformed or coldfinished
721590 Other
7216 Angles, shapes and sections of iron or nonalloy steel.
721610 U, I or H sections, not further worked than hotrolled, hotdrawn or extruded, of a height of less than 80 mm
721621 L sections
721631 U sections
721632 I sections
721633 H sections
721640 L or T sections, not further worked than hotrolled, hotdrawn or extruded, of a height of 80 mm or more
721699 Other
7217 Wire of iron or nonalloy steel.
721710 Not plated or coated, whether or not polished
721720 Plated or coated with zinc
721790 Other
7303 Tubes, pipes and hollow profiles, of cast iron.
730300 Tubes, pipes and hollow profiles, of cast iron.
7304 Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
730411 Of stainless steel
730419 Other
730422 Drill pipe of stainless steel
730423 Other drill pipe
730424 Other, of stainless steel
730429 Other
730431 Colddrawn or coldrolled (coldreduced)
730439 Other
730441 Colddrawn or coldrolled (coldreduced)
730449 Other
730451 Colddrawn or coldrolled (coldreduced)
730459 Other
730490 Other
469 Other electrical equipment & parts
8545 Carbon electrodes, carbon brushes, lamp carbons, battery carbons and other articles of graphite or other carbon, with or without metal, of a kind used for electrical purposes.
854511 Of a kind used for furnaces

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