What Is The Meaning of Export Assistance and Incentives?


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Export Assistance and Incentives

 

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.

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