WebA new scheme, RoDTEP (Remission of Duties and Taxes on Exported Products) has been launched by the government for exporters. The scheme provides for rebate of Central, … Web21 Oct 2024 · The government implemented the RoDTEP scheme with effect from January 2024. After missing several deadlines, the commerce ministry notified the guidelines and rates under the scheme on August 17 this year. The new remission rates announced under the scheme envisage exporters to be compensated the embedded taxes, which were not …
India: RoDTEP Updates And Constitution Of Committee - Mondaq
Web15 Oct 2024 · According to the preliminary data, released on October 3, the merchandise exports contracted by 3.5 per cent in September to USD 32.62 billion. On the other hand, final data released on October 14 showed a growth of about 5 per cent to USD 35.45 billion. Some variations in export growth rate figures were witnessed in the previous months as well ... Web25 Jan 2024 · RoDTEP allows reimbursement of unabsorbed duties, taxes and levies to the exporters suffered during manufacture and distribution of exported products and are presently not rebated / refunded under any other scheme. Such un-rebated duties include value added tax or central excise duty incurred on fuels, mandi tax, electricity duty and … bmw investors relation
Tea, coffee exports find the RoDTEP rates inadequate
Web(RoDTEP) to replace the Merchandise Exports from India Scheme and operationalised it from 1 January 2024. Pending issuance of guidelines and notification of rates, the Central … Web19 Aug 2024 · With effect from 1 January 2024, the erstwhile Merchandise Export from India Scheme (MEIS) was discontinued and replaced by the RoDTEP scheme. The exporters were instructed to declare their intent to claim the RoDTEP rebate in shipping bills filed w.e.f 1 January 2024. ... The RoDTEP rates and the value cap per unit have been notified under ... Web28 Apr 2024 · On 04 March 2024, the government of India proposed Remission of Duties and Taxes on Export Products (RoDTEP). The same was approved by the Union Cabinet on 13 March 2024. This scheme is applicable with effect from January 1st, 2024. It shall replace the previously existing Merchandise Exports from India Scheme (MEIS). bmw invoices