New Delhi - The department of commerce has reportedly asked for an extension of the RoDTEP scheme for exporters, beyond September 2024. Ajay Sahai explains the contours of the scheme meant to neutralise the tax content in export products, and why it isn’t yet an open-ended one.
What is the RoDTEP scheme for exporters?
IT IS ONE of the basic tenets of global trade that countries can opt for “zero-rating” their exports. RoDTEP (Remission of Duties and Taxes on Export Products) aims at zero-rating of exports to relieve any incidence of duties in exports . . .
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