Duty Drawback scheme
Duty Drawback scheme for exporters to refund the excise duty and customs duty paid while purchasing an input used in …
Read MoreDuty Exemption Scheme
Duty Exemption Scheme gives exemption from customs duty for the import of raw materials, components, intermediaries, consumable parts and spares …
Read MoreExport Promotion Capital Goods Scheme (EPCG)
Under EPCG scheme, capital goods (machineries) are imported at a concessional duty/duty free subject to an export obligation. Exporters were …
Read MoreDuty Credit Scrip
Duty credit scrip is the most important export promotion incentive provided by the government at present to exporters. The approach …
Read MoreAgglomeration
Agglomeration strategy in production implies large number of units are located in a specific location. For example, the Special Economic …
Read MoreDecanalisation
Decanalisation was a trade liberalisation policy adopted in the early 1990s. Till then, most of the imports were made by …
Read MoreTrade liberalization
Trade liberalization is the removal or reduction of restrictive trade instruments like tariff and quota. Trade barriers like import tariff …
Read MoreOutward oriented strategy
This is a trade strategy where a country liberalizes imports and promotes exports. As a result, trade goes up and …
Read MoreImport substitution
Import substitution is producing imported goods domestically. Here, the government gives high incentives to domestic producers to produce the previously …
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