RoDTEP announces rates, mobile phone manufacturers ask for a relook

Centre has notified the rates and guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) export incentive scheme. The scheme for zero rating of exports will boost our exports and competitiveness in the global markets, said Ministry of Commerce and Industry in a statement on Tuesday.

The mobile phone manufacturers have asked for a relook on the condition of non-availability of RoDTEP for SEZs’, EOUs’, Advance Authorization Bond under Section 65 etc.. It is also not logical since these dispensations also suffer the unabsorbed indirect taxation on fuel, electricity, says Pankaj Mohindroo, Chairman, ICEA.

These include:

For more details visit https://icea.org.in/wp-content/uploads/2021/02/RoDTEP-Report-ICEA.pdf
CT Bureau