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Uncertainty persists on RoDTEP benefits

The RoDTEP scheme was announced by the finance minister in September 2019 to replace the Merchandise Exports from India (MEIS) scheme

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In the previous month of April, only $10.36 billion worth of goods had been exported

3 min read Last Updated : Nov 02 2020 | 1:03 AM IST

The Directorate General of Foreign Trade (DGFT) has asked exporters, export promotion councils (EPC), and industry associations involved in export of items falling under chapters 86, 88 and 89 to urgently submit the data for their respective export items in the prescribed format so that the committee determining rates under the proposed Refund of Duties and Taxes of Export on Export Product (RoDTEP) scheme is able to work out suitable rates for those items. In the absence of data, the rates may not be notified, says the DGFT.

The RoDTEP scheme was announced by the finance minister in September 2019 to

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : MEIS trade policy

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