ANNOUNCEMENT 05 Mar 2012

In March 2012, the government of India announced a change in repatriation and surrender requirements.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising
Inception date: 05 Mar 2012 | Removal date: open ended
Still in force

Repatriation & surrender requirements

 On 5 March 2012, India allowed exporters to get benefits and incentives on specific exports to Iran even when proceeds are collected in Indian rupees. Otherwise, the benefits can be availed only when the proceeds are collected in freely convertible currencies.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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