ANNOUNCEMENT 19 Feb 2009

In February 2009, the government of India announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



India Customs. (2009). Notification 14/2009. Available at http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k9/cs14-2k9.htm


Inception date: 19 Feb 2009 | Removal date: open ended
Still in force

Tax-based export incentive

On 19 February 2009, the government of India extended its "Hi-tech Product Export Promotion Scheme" to the exporters of certain phones and integrated circuits.
 
Under the scheme, import duties may be balanced against proof of exports in designated products. Products such as memory or SIM cards, cellular phones or videophones have been added to the list of eligible exports.