India withdraws restriction of 50% on key export incentive scheme
Airfind news item
Published on March 23, 2026.
India has withdrawn a 50% restriction on a key export incentive scheme, known as The Remission of Duties and Taxes on Export Products, which reimbursees exporters for taxes, duties, and other costs incurred during the manufacture and distribution of these products. The decision comes with the possibility of additional tax increases.
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