ANNOUNCEMENT 26 May 2016

In May 2016, the government of India announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 26 May 2016 | Removal date: open ended

Export tax

 On 26 May 2016, the Indian Ministry of Finance through Notification No. 35/2016-Customs withdrew the export duty exemption on chromium ores and its concentrates. The exemption was applicable since 1 March 2016 and was announced in the Annual Budget 2016-17 (see related measure).

AFFECTED SECTORS

 

AFFECTED PRODUCTS