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TAX REMISSION
New York braces for its busiest July 4 weekend as fireworks, World Cup and Taylor Swift buzz convergeNew York City braces for a packed July 4th weekend with major events including a massive fireworks display, naval ship celebrations, and a ...- 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...
- Commerce ministry notifies RoDTEP schedules to align with amended customs tariff structureThe commerce ministry has updated export duty remission schedules. This aims to simplify benefits for exporters. A Basmati and Organic Trai...
- 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...
- West Asia crisis: Full benefits restored under RoDTEP schemeThe government has reinstated full benefits under the RoDTEP scheme for exporters, reversing a previous reduction in rates and value caps. ...
- Budget 2025: Sitharaman announces export promotion mission with sectoral targetsFinance Minister Nirmala Sitharaman announces an export promotion mission setting sectoral targets in the FY26 Budget. The allocations for ...
- Budget 2025: FM likely to increase outlay for 2 key tax remission schemes for exporters by 10%The finance ministry is expected to increase allocations for two key tax remission schemes for exporters—RoDTEP and RoSCTL—by about 10% eac...
- Govt notifies conditions for exports of sesame seeds to USThe Indian government has outlined new export conditions for sesame seeds to the US, effective from November 16. The India Oilseeds and Pro...
- Registration-cum-membership certificate not mandatory for exporters to seek scheme benefits: DGFTDGFT confirms that exporters do not need a Registration-cum-Membership Certificate to receive benefits under schemes such as duty drawback ...
- Outlay for export tax remission plans unlikely to change in BudgetThe government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands fo...
- Consider giving refunds to exporters in cash for tax remission schemes: GTRI to govtThe government is considering giving cash refunds to exporters instead of scrips for tax remission schemes, according to economic think tan...
- RoDTEP scheme gets extension till June 30The RoDTEP scheme provides a mechanism for reimbursement of taxes, duties and levies, which are currently not being refunded under any othe...
- Tax refund scheme for exports may be extended beyond SeptemberThe Remission of Duties and Taxes on Exported Products (RoDTEP) scheme was expanded in December last year to include pharmaceuticals, chemi...
- 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...
- 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...
- 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...
- 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...
- More sops on way for Re-hit exportersThere could be more sops on the cards for exporters battling the appreciating rupee.
- States can offer sops, with no damage to VAT chainAll states will continue with the old industrial incentive schemes even after moving over to VAT. Earlier, the promised incentive - whether...
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