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: 24 May 2018 | Removal date: open ended
Still in force

Tax-based export incentive

On 24 May 2018, the Indian Ministry of Commerce and Industry through Public Notice No. 11/2015-2020 increased the export incentive on dried onions from 3% to 5% of FOB value of such exports.

This incentive is provided under the Merchandise Export Incentive Scheme that issues duty credit scrips, which can be used for payment of other tax liabilities.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

213 Prepared & preserved vegetables, pulses & potatoes
0712 Dried vegetables, whole, cut, sliced, broken or in powder, but not further prepared.
071220 Onions

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