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Exporters welcome RoDTEP but uncertainty on rates cause concerns
January 01, 2021
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The Centre has announced the implementation of the much awaited new Remission of Duties or Taxes on Export Products (RoDTEP) scheme from January 1, 2021, but, with the rates of reimbursement yet to be finalised, exporters are worried about how to cost their products and fix prices.
“There is uncertainty for exporters as they will not know how to book their orders without knowing the rates. There is also a lack of clarity on transitional times.we may need to recall some shipping bills already in transit,” Sharad Kumar Saraf, President, Federation of Indian Export Organisations (FIEO) told