AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 12 January 2010, the Indian Ministry of Commerce & Industry published Notice No. 31/2009-14 extending the export incentives under the Market Linked Focus Product Scheme to organic and inorganic chemicals under HS chapters 28 and 29. This incentive is available for products that are exported to Algeria, Egypt, Kenya, Nigeria, Tanzania, South Africa, Ukraine, Mexico, Brazil, Australia, New Zealand, Cambodia, Vietnam, China or Japan.
The incentive is available for exports between 1 January 2010 and 30 June 2010.
The list of affected trading partners represents those countries that compete with Indian exporters in the above mentioned markets in organic and inorganic chemicals.
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