Trade and markets
 

Detail

Area
India
Commodity Group
Rice
Commodity
All
Date
10/02/2015
Policy Category
Trade
Policy Instrument
Tax policy
Description
Re-instated the duty drawback on rice exports, effective 13 February 2015. The measure, which is intended to compensate for duties levied on inputs of products destined to outside markets, is to be extended on a brand rate basis, requiring the submission of an application by individual exporters to determine the rate of drawback based upon actual quantities of inputs used and respective duties paid.