All about Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme
1. This scheme was announced by Sitharaman in her Budget speech on February 1, 2020.The scheme will help in providing a level playing field to domestic exporters in the international markets. 2. The refunds under the RoDTEP scheme would be a step towards ‘zero-rating’ of exports, along with refunds such as Drawback and IGST. At present, GST taxes and import/customs duties for inputs required to ma…