ANNOUNCEMENT 05 Mar 2013

In March 2013, the government of India announced a change in financial export support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



PUBLIC NOTICE No. 51 (RE2012)/2009-14
http://dgft.gov.in/Exim/2000/PN/PN12/pn5112.htm


Inception date: 05 Mar 2013 | Removal date: 31 Mar 2015
Still in force

Export subsidy

On 5 March 2013, the Indian Ministry of Commerce & Industry extended export incentives under the Focus Product Scheme (FPS) to "Set Top Box/Set Top Units".
 
The scheme provides credit scrips worth 2 percent of the export values. Such scrips can be used to pay for duty arrears including import duties and excise duties.

The FPS has been replaced by the Merchandise Exports Incentive Scheme (MEIS) under the Foreign Trade Policy 2015-2020.

AFFECTED SECTORS

 

AFFECTED PRODUCTS