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RoDTEP rates — Uncertainty ends, but unease lingers

Government needs to build on the well-meaning scheme to ensure that benefits reach all exporting sectors 

August 20, 2021 / 11:08 AM IST
RoDTEP rates — Uncertainty ends, but unease lingers

The long wait of anxious exporters is finally over — the government earlier this week notified the refund rates under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. While the much-awaited notification lifts the veil of uncertainty on the new export promotion scheme, which replaced the MEIS (Merchandise Exports from India Scheme), the rate structure triggers doubt whether the RoDTEP will really provide India exports the much-needed edge in global markets. Though several export sectors such as cotton...

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