AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
Tax-based export incentive
The time period allowed for exports in the categories of defence, military store, aerospace and nuclear energy under the Advance Authorization scheme has been extended from 18 to 24 months.
The scheme allows duty free imports of input materials for export production. The current extension is expected to provide an incentive for increased export production.
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