The
Union Cabinet had approved a scheme for Remission of Duties and Taxes on
Exported Products (RoDTEP) to boost exports and employment generation in
various sectors in March 2020. It was announced that as and when the rates
under the RoDTEP scheme were announced for a tariff line/item, the benefits
under the Merchandise Export from India Scheme (MEIS) on such tariff line/item
shall be discontinued.
The
government
has now formed a RoDTEP Committee that
has been tasked to determine the rates of refund for
items covered under the scheme.
In
this regard, the government has requested members of trade, Export Promotion Councils (EPCs) and industry associations that
are involved in export of certain items to submit data
for their respective export items. This will enable the RoDTEP Committee to work out suitable rates for these
export items.
Data
for export items falling under following chapters of the Customs Tariff Act,
1975 is required to be submitted:
|
Chapter 86 |
Railway or
tramway locomotives, rolling-stock and parts thereof; railway or tramway
track fixtures and fittings and parts thereof; mechanical (including
electro-mechanical) traffic signalling equipment of all kinds |
|
Chapter 88 |
Aircraft,
spacecraft, and parts thereof |
|
Chapter 89 |
Ships, boats
and floating structures |
The
format has been hosted on the official website and can be accessed by
clicking here. The filed form is required to be sent via email at atreyee.devroy@gov.in and shakti.singh1981@gov.in.
It has been stated that in absence of such data, the rates for these items under the RoDTEP scheme may not be notified.
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