New Delhi, March 23 (IANS) In view of the evolving geopolitical situation due to the Iran war and its implications for maritime trade, the Centre has decided to restore the rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for all eligible export products with effect from March 23, according to a statement issued by the Ministry of Commerce and Industry on Monday. This step is intended to provide timely support to Indian exporters facing elevated f…
Latest Remission of Duties and Taxes on Exported Products (RoDTEP) News & Updates
New Delhi, March 7 (IANS) The government will restore full benefits under the export support scheme Remission of Duties and Taxes on Exported Products (RoDTEP) from April 1, according to exporters’ body Federation of Indian Export Organisations (FIEO) on Saturday.The move is expected to provide much-needed support to the exporting community, which has been dealing with multiple global challenges.“The assurance was given by the Directorate General of Foreign Trade during a meeting with the ex…
New Delhi, Jan 20 (IANS) The Department of Posts has operationalised the extension of export benefits — Duty Drawback, Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL) — for exports made through the Postal channel, according to an official statement issued on Tuesday.This initiative, that came intoeffect from January 15 in pursuance of notifications issued by the Central Board of Indirect Taxes and Customs (CBIC), is a major …