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10 July 2011 what is meant for "cash assisstance against export" ?

10 July 2011 Cash Assistance is one kind of incentive on FOB value of goods exported with a view to charge a low price in the same proportion in the foreign trade.

It is calculated on FOB Value and ranges between say 3 to 5%.

Due to this incentive an exporter can export at a competitive price.


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