The Gujarat High Court has asked the Centre and the tax authorities to file responses on petitions challenging the denial of benefits to sugar exporters under the neutralisation scheme.
The move pertains to a writ petition filed by some sugar exporters challenging Custom authorities’ move to recover benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP).
The RoDTEP scheme was introduced to neutralise taxes and duties suffered on exported goods, which are otherwise not credited, remitted, or refunded in any manner and remain embedded in exported goods.
The Customs department had issued several notices seeking deposit of