AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
Tax-based export incentive
To incentivise exports, a duty drawback order for the textile sector has been announced for taxes collected from garments, home textiles, processed fabric, greige fabric, and yarn manufacturing cum-exporter units. This Duty Drawback of Taxes Order 2016-17 provides for 4-7% of duty drawback and is available to the above-listed manufacturing cum-exporter units from 16 January 2017 to 30 June 2017 without any export conditions. The duty drawback will be extended until 30 June 2018 for exporters who achieve at least a 10% increase in their exports from 2016-2017.
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