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GSP

Dec 16, 2019, 03.30 PM IST

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GSP

No decline in exports under GSP tariffs after benefits withdrawn: Piyush Goyal

In 2018, India exported goods worth of $6.3 billion (as per USTR figures) to the US under the GSP, which was around 12.1 per cent of India’s total export to the US. The average duty concessions accruing on account of GSP were almost $240 million in 2018, which was about 3.8 per cent of India’s exports to the US availing the GSP benefits.

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