ANNOUNCEMENT 01 Mar 2011
In March 2011, the government of India announced a change in export taxation.NUMBER OF INTERVENTIONS
1
SOURCE
India Customs. (2011). Notifaction 27/2011. Available at http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k11/cs-tarr2k11/cs27-2k11.pdf
On 1 March 2011, the government of India announced the adjustment of various export taxes with immediate effect.
Export taxes have been reduced to zero for foods such as coffee, tea, various spices, certain animal feed as well as raw cotton, wool or yarn waste.
Export taxes have been imposed for products such as lamb skins, saddle leather, iron and steel scrap as well as industrial harness leather.