Govt sets up committee for determination of RoDTEP rates for exports from SEZs, EOUs

Govt sets up committee for determination of RoDTEP rates for exports from SEZs, EOUs

The government has constituted a committee for the determination of RoDTEP rates for exports from special economic zones (SEZs) and export-oriented units (EOUs), as these sectors were left out in the earlier exercise, according to the DGFT. The government in August announced the rates of tax refunds under the export promotion scheme RoDTEP for 8,555 … Read more

For that spurt in export: RoDTEP, the scheme that couldn’t have come at a better time

For that spurt in export: RoDTEP, the scheme that couldn’t have come at a better time

Details of the long-awaited scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) approved by the Cabinet Committee on Economic Affairs in March 2020, were finally notified on Tuesday. The scheme has the stated objective of ‘refunding, currently un-refunded duties/taxes/levies, at the central, state and local level, borne on exported products including prior … Read more