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In India, many local products such as spices, textiles, and handicrafts are subject to export duties. However, when the allocated export slots are fully utilized, the duty collection is halted. This mechanism helps regulate trade and ensures fair distribution of resources. For instance, in the textile industry, once the export quota for a specific period is met, duties on additional shipments are stopped to prevent market oversaturation. This practice supports local artisans and small businesses by managing supply chains effectively. |
