{"id":86487,"date":"2020-03-14T15:38:08","date_gmt":"2020-03-14T10:08:08","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=14251"},"modified":"2020-03-14T15:38:08","modified_gmt":"2020-03-14T10:08:08","slug":"cabinet-approvesremission-of-duties-and-taxes-on-exported-products-rodtep-scheme","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-approvesremission-of-duties-and-taxes-on-exported-products-rodtep-scheme\/","title":{"rendered":"Cabinet approves\u201cRemission of Duties and Taxes on Exported Products (RoDTEP)\u201d Scheme"},"content":{"rendered":"\n<p><strong>News:<\/strong>Union Cabinet has given its approval for introducing the Scheme for Remission of Duties and Taxes on Exported Products(RoDTEP).<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the Scheme:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Aim:<\/strong>To reimburse taxes and duties paid by exporters such as value added tax, coal cess, transportation cost among others which are not getting exempted or refunded under any other existing mechanism.&nbsp;<\/li><li>It will replace the Merchandise Export from India Scheme (MEIS) that was found to violate the World Trade Organization rules as it was export focused.&nbsp;<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About Merchandise Exports From India Scheme(MEIS):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>MEIS was introduced in the Foreign Trade Policy (FTP) 2015-20.<\/li><li><strong>Objective:<\/strong>To<strong> <\/strong>offset infrastructural inefficiencies and associated costs involved in exporting goods which are manufactured in India including products manufactured by the MSME Sector.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:Union Cabinet has given its approval for introducing the Scheme for Remission of Duties and Taxes on Exported Products(RoDTEP). Facts: About the Scheme: Aim:To reimburse taxes and duties paid by exporters such as value added tax, coal cess, transportation cost among others which are not getting exempted or refunded under any other existing mechanism.&nbsp; It&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-approvesremission-of-duties-and-taxes-on-exported-products-rodtep-scheme\/\">Continue reading <span class=\"screen-reader-text\">Cabinet approves\u201cRemission of Duties and Taxes on Exported Products (RoDTEP)\u201d Scheme<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[4056,4057],"class_list":["post-86487","post","type-post","status-publish","format-standard","hentry","category-economy","tag-meis","tag-rodtep-scheme","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704768554},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86487"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86487\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}