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Govt looks to limit RoDTEP spends May 12, 2021 Capping refunds, limiting eligible sectors could ease budget constraints The Centre is examining options such as putting a cap on the refund amount for individual exporters and limiting the number of items eligible for refunds to stay within the limited budget sanctioned for the Remission of Duties and Taxes on Export Products (RoDTEP) scheme implemented from January 1 2021, according to sources. Exporters, however, want the RoDTEP rates, recommended by the GK Pillai committee appointed by the government last year, to be implemented fully for all relevant sectors. “The Revenue Department and the Commerce Department are finding it difficult to take a final call on RoDTEP rates for exporters who are waiting for it for over four months. This is because there is a big gap between the outlay required for rates proposed by the Pillai Committee and the available money. The government is weighing options such as putting a cap on the reimb

Ajay sahaiPillai committeeCommerce departmentRevenue departmentFederation of indian export organisationsExport productsMerchandise exportIndia schemeFinance ministryDirector generalIndian export organisationsஅஜய சஹாய்பிள்ளை குழுவர்த்தகம் துறைவருவாய் துறைகூட்டமைப்பு ஆஃப் இந்தியன் ஏற்றுமதி ஆர்கநைஸேஶந்ஸ்