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US and EU impose countervailing duty on Indian products over RODTEP scheme

Last month, the US imposed CVD on Indian file folders, rejecting arguments from the Indian government regarding the WTO compliance of RODTEP. Several months earlier, the EU similarly concluded that certain graphite electrode systems from India were subsidized through RODTEP, leading to the imposition of countervailing duties. ....

United States , Mukesh Bhatnagar , European Union , World Trade Organization , Export Products , Merchandise Export Incentive Scheme , Rodtep Scheme , Countervailing Duty , Foreign Trade ,

US EU Impose CVD On Two Indian Products Utilising RODTEP Scheme - BW Businessworld

Last month, the US imposed a countervailing duty on Indian file folders, rejecting the Indian government’s claim regarding the WTO compliance of RODTEP, , Countervailing Duty, RoDTEP Scheme, United States of America, european union ....

United States , European Union , World Trade Organization , Export Products , Merchandise Export Incentive Scheme , Countervailing Duty , Rodtep Scheme , United States Of America , European Union ,

Industry hopeful that RoDTEP will eliminate all undesired tax costs for exporters: ET-ILC Members


Industry hopeful that RoDTEP will eliminate all undesired tax costs for exporters: ET-ILC Members
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Industry hopeful that RoDTEP will eliminate all undesired tax costs for exporters: ET-ILC MembersBy Nikita Rana, ET CONTRIBUTORS
Last Updated: Feb 03, 2021, 04:25 PM IST
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Synopsis
The aim of RoDTEP is to refund non-creditable taxes embedded in the export product and the genesis of GST was to create a robust Input Tax Credit mechanism.
Government of India’s proposal to replace the Merchandise Export Incentive Scheme (MEIS) with the Remission of Duties or Taxes on Export Product (RoDTEP), as the former was not WTO compliant, seems to have gone down well with most industry players. Now, in a recent statement released, the finance ministry has said that the RoDTEP scheme will be extended to all export goods from Jan 1, 2021. The RoDTEP rates, conditions and exclusions under which it can be availed will be detailed by the department of commerce, ....

Satyakam Arya , Rohit Jain , Merchandise Export Incentive Scheme , Export Product , Input Tax Credit , Economic Laws , சத்யகம் ஆர்யா , ரோஹித் ஜெயின் , பொருட்கள் ஏற்றுமதி ஊக்கத்தொகை திட்டம் , ஏற்றுமதி ப்ராடக்ட் , உள்ளீடு வரி கடன் , பொருளாதார சட்டங்கள் ,