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: 01 May 2013 | Removal date: 31 Mar 2015
Still in force

Tax-based export incentive

Public Notice No. 3(RE 2013/2009-14) also revoked export incentives for a number of products, namely:

  • 2 oil-cake products (HS 2306) were removed from the Vishesh Krushi Gram Udyog Yojana scheme
  • 6 essential oils (HS 3301) which were earlier covered under VKGUY are now moved to the Focus Product Scheme, thereby reducing the export incentive on these products from 5% to 2%

 All changes below are in effect from 1 May 2013. They went out of force with the announcement of the new FTP in April 2015.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

219 Oil-cake; flours & meals of oil seeds; vegetable waxes; etc.
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.
230690 Other
354 Chemical products n.e.c.
3301 Essential oils (terpeneless or not), including concretes and absolutes; resinoids; extracted oleoresins; concentrates of essential oils in fats, in fixed oils, in waxes or the like, obtained by enfleurage or maceration; terpenic byproducts of the deterpe
330124 Of peppermint (Mentha piperita)
330125 Of other mints

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