RoDTEP scheme Current Affairs, GK & News
RoDTEP Scheme
The Cabinet Committee on Economic Affairs (CCEA) recently gave approval for the RoDTEP (Remission of Duties and Taxes on Exported Products) Scheme. Status of India’s Exports India faced a decline in exports for 6 months in a row in January. While the exports in the 2018-19 period was worth 331 billion USD, the April to ..
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, ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Central Board of Indirect Taxes and Customs • Ministry of Finance • Remission of Duties or Taxes on Export Product (RoDTEP) • RoDTEP scheme • UPSC
RoDTEP Scheme
The Government of India recently announced that the benefits of RoDTEP (Remission of Duties and Taxes on Exported Products) scheme is to be extended to all goods. What is RoDTEP Scheme? The RoDTEP Scheme was launched in 2020 to boost exports of India in International markets. Under the scheme, a mechanism will be created for ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Enhancing Exports • exports • MEIS • MEIS Scheme • RoDTEP scheme • Tax Incentives • World Trade Organization (WTO)