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: 08 Jun 2012 | Removal date: 08 Jun 2014
Still in force

Tax-based export incentive

On 8 June 2012, the Indian Ministry of Commerce & Industry provided incentives under the Vishesh Krishi Gram Udyog Yojana (VKGUY) on skimmed milk powder exports. This incentive was withdrawn on 15 July 2014.
 
VKGUY provides Duty Credit Scrips of 3-5% (5% in case of skimmed milk powder) to promote exports of various agricultural produce; such scrips are freely transferable and can be used for payment of various trade related arrears to the government.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

222 Other dairy products
0402 Milk and cream, concentrated or containing added sugar or other sweetening matter.
040210 In powder, granules or other solid forms, of a fat content, by weight, not exceeding 1.5 %

Please report this page in case you detect an inaccuracy in its content.