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Business News: How Exporters should respond to government's new RoDTEP Scheme

RoDTEP seeks to neutralise the cost impact of duties and taxes in the supply chain, not otherwise offset through duty drawbacks, tax credits/refunds, or similar mechanisms. By Krishna Barad, Abhishek SinghaniaRemissions of Duties and Taxes on Exported Products Scheme (RoDTEP) has been a much-awaited scheme notified by the Government of India after phasing out the ....

United States , Krishna Barad , Abhishek Singhania , Settlement Body Of The World Trade Organisation , Exported Products Scheme , Merchandise Exports , India Scheme , Dispute Settlement Body , World Trade Organisation , Stamp Duty , Electricity Tax , Mandi Fee , Foreign Trade , Customs Tariff , Central Board , Indirect Taxes , Special Economic Zones , Export Oriented Units , Advance Authorization , International Trade , Stock Prices , Mutual Funds , Best Performing , Income Tax Calculator , Top Gainers , Top Losers ,

RoDTEP Scheme – Good Intentions But Greater Clarity Required - Tax

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Foreign Trade Policy (“FTP”) issued by the Ministry
of Commerce prescribes various incentives to the exporters to
ensure competitiveness of Indian exports in the international
markets. These incentives are operationalized through schemes such
as advance authorization, export promotion of capital goods
(“EPCG”), duty drawback, merchandise exports from India
scheme (“MEIS”), rebate of state and central levies and
taxes (“RoSCTL”), etc. These schemes aim at
neutralizing the duties and taxes suffered by the exporters on
their procurements to ensure that the tax costs do not form part of ....

World Trade Organization , Foreign Trade Policy , Exported Products Scheme , Rodtep Scheme X2013 Good Intentions But Greater Clarity Required , Sales Taxes Vat , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , வெளிநாட்டு வர்த்தகம் பாலிஸீ , விற்பனை வரி வாட் ,