Phase IFoundation
Background
Overview
Export duties are a critical fiscal tool for the government to manage domestic supply-demand dynamics, control inflation, ensure energy security, and influence trade balances, directly impacting the Indian economy and public finance.
Export duty is a type of indirect tax levied by a government on goods that are exported out of the country. Its primary objectives can include discouraging the export of certain goods to ensure domestic availability, generating revenue, or influencing international trade dynamics.