Government Expands RoDTEP Scheme
Recently, the Ministry of Commerce & Industry expanded the scope of Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme to make Indian exports more competitive globally by refunding various central, state and other local duties and taxes.
Key Points
- This decision comes in recognition of the significant contribution these sectors make to India's exports, constituting about 25 per cent of the total shipment.
- Outbound shipments from Special Economic Zones (SEZs) and Export Oriented Units (EOUs), which account for about a quarter of India’s exports, will now be eligible for tax refunds under the RoDTEP Scheme.
- Exporting firms who use the ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Spices Board Unveils SPICED Scheme
- 2 10 Years of Make in India
- 3 Centre Notifies Galathea Bay as a Major Port
- 4 Differential Benefits of Electricity in Rural Areas
- 5 PM E-DRIVE Scheme: Accelerating India's Shift to Electric Mobility
- 6 Finance Minister Reviews Performance of RRBs of NE Region
- 7 Vertical Fiscal Imbalance
- 8 Review of the NBFC Sector
- 9 Centenary Celebration of ICAR- NISA
- 10 Centre Launches White Revolution 2.0
- 1 Golden Jubilee of Krishi Vigyan Kendras
- 2 National Cooperative Database
- 3 SCORES 2.0
- 4 RBI Guidelines on Penal Charges on Loan Accounts
- 5 T+0 Trading Settlement Cycle
- 6 RBI Modifies Norms for Investment in AIFs
- 7 Revenue-based Financing for Startups
- 8 Digital India Trust Agency (DIGITA)
- 9 SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2024
- 10 SEBI’s Regulatory Framework for Index Providers
- 11 India’s First Small-Scale Liquefied Natural Gas Unit
