IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Nov 2017 | Removal date: open ended
Still in force

Tax-based export incentive

On 1 May 2018, the Indian Ministry of Commerce & Industry through Public Notice 2/2015-2020 increased the export incentive on 37 handicraft products from 5% to 7%. This incentive is provided under the Merchandise Export Incentive Scheme and is available for exports made between the period 1 November 2017 to 30 June 2018.

On 11 May 2018, through Public Notice 7/2015-2020 these higher rates were extended indefinitely.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

282 Wearing apparel, except fur apparel
6117 Other made up clothing accessories, knitted or crocheted; knitted or crocheted parts of garments or of clothing accessories.
611710 Shawls, scarves, mufflers, mantillas, veils and the like
6214 Shawls, scarves, mufflers, mantillas, veils and the like.
621410 Of silk or silk waste
295 Other footwear
6403 Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather.
640320 Footwear with outer soles of leather, and uppers which consist of leather straps across the instep and around the big toe
319 Other products of wood, cork or straw
4414 Wooden frames for paintings, photographs, mirrors or similar objects.
441400 Wooden frames for paintings, photographs, mirrors or similar objects.
4420 Wood marquetry and inlaid wood; caskets and cases for jewellery or cutlery, and similar articles, of wood; statuettes and other ornaments, of wood; wooden articles of furniture not falling in Chapter 94.
442010 Statuettes and other ornaments, of wood
442090 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
330190 Other
364 Packaging products of plastics
3923 Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics.
392310 Boxes, cases, crates and similar articles
369 Other plastics products
3926 Other articles of plastics and articles of other materials of headings 39.01 to 39.14.
392640 Statuettes and other ornamental articles
371 Glass & glass products
7018 Glass beads, imitation pearls, imitation precious or semiprecious stones and similar glass smallwares, and articles thereof other than imitation jewellery; glass eyes other than prosthetic articles; statuettes and other ornaments of lampworked glass, ot
701810 Glass beads, imitation pearls, imitation precious or semiprecious stones and similar glass smallwares
701890 Other
7020 Other articles of glass.
702000 Other articles of glass.
372 Non-structural ceramic ware
6911 Tableware, kitchenware, other household articles and toilet articles, of porcelain or china.
691110 Tableware and kitchenware
6912 Ceramic tableware, kitchenware, other household articles and toilet articles, other than of porcelain or china.
691200 Ceramic tableware, kitchenware, other household articles and toilet articles, other than of porcelain or china.
6914 Other ceramic articles.
691490 Other
389 Other manufactured articles n.e.c.
3406 Candles, tapers and the like.
340600 Candles, tapers and the like.
429 Other fabricated metal products
7323 Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel.
732392 Of cast iron, enamelled
7419 Other articles of copper.
741999 Other
7615 Table, kitchen or other household articles and parts thereof, of aluminium; pot scourers and scouring or polishing pads, gloves and the like, of aluminium; sanitary ware and parts thereof, of aluminium.
761510 Table, kitchen or other household articles and parts thereof; pot scourers and scouring or polishing pads, gloves and the like
7616 Other articles of aluminium.
761699 Other
8306 Bells, gongs and the like, nonelectric, of base metal; statuettes and other ornaments, of base metal; photograph, picture or similar frames, of base metal; mirrors of base metal.
830610 Bells, gongs and the like
830629 Other
830630 Photograph, picture or similar frames; mirrors
447 Weapons & ammunition & parts
9307 Swords, cutlasses, bayonets, lances and similar arms and parts thereof and scabbards and sheaths therefor.
930700 Swords, cutlasses, bayonets, lances and similar arms and parts thereof and scabbards and sheaths therefor.

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