Export subsidy

Encyclopedia : E : EX : EXP : Export subsidy

Export Subsidy is the incentives paid to an exporter on the commodity and quantity exported, the export subsidy are provided by the governments in the forms of Duty Drawbacks, Viz. DEPB(Duty Entitlement Passbook), DFRC (Duty Free Replinishment Certificate), and Advance License which can be used against the exemption of Import Duties. However The DEPB can be transferable, it can be sold out to the importer.

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