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DUTY REMISSION RATES
India plans stronger exporter support as Middle East crisis strains trade flowsIndia's government is poised to enhance its export tax refund initiative, a strategic move aimed at bolstering its international trade amid...- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- Reduced RoDTEP rates not applicable to exports of agri, processed food products: GovtThe government has clarified that reduced rates and value caps under the RoDTEP scheme do not apply to agricultural and processed food expo...
- Export remission scheme may continue beyond SeptThe Indian government has decided to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme beyond September, with a...
- Commerce dept mulls options for key export schemesThe ministry has moved a note for the approval of the Expenditure Finance Committee (EFC) to extend to the Interest Equalisation scheme by ...
- Govt extends support under RoDTEP scheme till June 30, 2024The Indian government has extended support under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until June 30, 2024...
- Tea, coffee exports find the RoDTEP rates inadequateThey have urged the ministries of commerce and finance to increase the RoDTEP rate so that they can get some respite.
- RodTEP may be extended to special economic zones and export oriented unitsSEZs and EoU units have been excluded from the benefits under the Remission of Duties and Taxes on Exported Products scheme, notified last ...
- Handicraft export promotion council urges govt to relook remission ratesIn a meeting with finance minister Nirmala Sitharaman, EPCH chairman Rajkumar Malhotra also raised issues related to restoration of duty-fr...
- This is how RoDTEP scheme can impact exportsAfter missing several deadlines, the Ministry of Commerce notified the guidelines and rates under the scheme on 17 August this year.
- Expected 5-7% duty remission rates for handicrafts under RoDTEP: Exporter bodyThe scheme was notified for 8,555 products including employment-generating marine, agriculture, leather, and gems and jewellery sectors in ...
- Govt notifies RoDTEP rates, guidelinesThe rates for different sectors include 0.5 per cent, 2.5 per cent and 4 per cent. It has also notified guidelines for the scheme.
- New scheme for service exports with max sops for MSMEs proposedThe scheme is touted as a replacement for the Service Export from India Scheme and is on the same lines as Remission of Duties and Taxes on...
- Electronics companies seek 2-4% rate on key exportsICEA estimates that its proposed RoDTEP rates will deliver an annual incentive of close to Rs 120 crore, based on remission of big-ticket i...
- Electronics makers propose 2-4% sops on exports under RoDTEP schemeThe India Cellular and Electronics Association (ICEA), has calculated a RoDTEP rate of 2% on smartphones, 2.4% on featurephones, 2% on tabl...
- RoDTEP scheme extended to all export goods from January 1The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being rebated or...
- Aluminium association urges government to remit export duties and taxes under RoDTEP schemeThe body has requested the ministries to ensure remission of unrebated central & state duties & taxes which constitutes around 15% of alumi...
- Govt announces measures to boost garment exportsThe government has also doubled the rates for incentives under an export promotion scheme -- MEIS -- to 4 per cent for readymade garments a...
- High Indian import duties could harm bilateral relations: USTerming the Indian import duties as "too high", the US today asked India to lower tariffs as high rates "could harm" the bilateral trade an...
- Commerce dept seeks clarity on duty remission schemesThe commerce department has initiated discussion with the finance ministry on the fate of the various input duty remission schemes for expo...
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