Remission of Duties or Taxes on Export Product (RoDTEP) Current Affairs, GK & News

RoDTEP Scheme: India notifies Duty Rebate Rates

Centre government notified the rates and guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) export incentive scheme. Key Points This scheme for zero rating of exports will help in boosting India’s exports and competitiveness across the global markets. Rates under RoDTEP scheme for different sectors have been set as 0.5 per cent, ..

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MEIS scheme to be replaced with RoDTEP Scheme

On March 13, 2020, the Union Cabinet approved to withdraw the MEIS (Merchandise Export from India) Scheme in phases. It is later to be replaced with RoDTEP (Remission of Duties or Taxes on Export Product) scheme. Highlights The MEIS is being replaced as the exports are to fall further due to Corona Virus outbreak. The ..

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