ANNOUNCEMENT 04 Aug 2010

In August 2010, the government of India announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



PUBLIC NOTICE No. 88 / 2009-14
http://dgft.gov.in/exim/2000/pn/pn09/pn8809.htm


Inception date: 04 Aug 2010 | Removal date: open ended
Still in force

Tax-based export incentive

 On 4 August 2010, the Government of India, vide Public Notice No. 88 / 2009-2014, allowed certain petroleum products to benefit from the Advance Authorisation scheme for duty-free import of inputs, provided that the export of the resultant product add 8%. 
 
The Advance Authorisation scheme allows duty-free import of inputs that are to be physically incorporated in an export product and typically imposes a value addition requirement of at least 15%.

AFFECTED SECTORS

 

AFFECTED PRODUCTS