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TMI BlogTax Exemptions to Indian ExportersX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Exemptions to Indian Exporters X X X X Extracts X X X X X X X X Extracts X X X X ..... ia for exports are not disadvantaged due to the domestic tax burden and stay competitive internationally. Further, Under the Foreign Trade Policy, Duty Exemptions Schemes ensure that inputs imported/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... locally procured for use in the export products are either exempt from duties ab-initio, or the taxes are refunded to the exporters in the form of drawback after exports. Under the current Foreign Tra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de Policy, there are two duty exemption schemes, namely, Advance Authorization scheme and the Duty Free Import Authorization scheme. The details of exemptions for last three years under Advance Autho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rization Scheme and Duty Free Import Authorization Scheme are as under: 2016-17 2017-18 2018-19 Number of Authorizations issued Number of Authorizations issued Number of Authorizations issued A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dvance Authorization Scheme 22853 21505 23042 Duty Free Import Authorization Scheme 581 815 1321 The duty exemptions under the Schemes ensure competitiveness of Indian exports in international ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... markets and are compliant with India's international commitments.
This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X ..... ws - Press release - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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