Export Assistance and Incentives.
- Exports reflect foreign exchange earnings of a country.
- It is necessary to provide full support and motivation to the exporters so that they remain active and competitive in the international markets.
- Export assistance and incentives is a financial help given by the government to the Indian exporters to improve their ability to compete in foreign markets.
- Common assistance and incentives include duty drawback, exemption from income tax, exemption from excise duty, marketing development assistance, etc.