šŸ“¢ Too many exams? Donā€™t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!

    Question

    Ministry of Commerce and Industry has decided to extend

    the benefits of the export-boosting scheme Remission of Duties and Taxes on Exported Products (RoDTEP) to e-commerce exports.Which types of levies does the RoDTEP scheme refund to exporters?
    A Only central levies Correct Answer Incorrect Answer
    B Only state levies Correct Answer Incorrect Answer
    C Only local levies Correct Answer Incorrect Answer
    D Central, state, and local levies Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ministry of Commerce and Industry has decided to extend the benefits of the export-boosting scheme Remission of Duties and Taxes on Exported Products (RoDTEP) to e-commerce exports. The RoDTEP scheme, which came into effect three years ago, refunds the embedded non-creditable central, state, and local levies paid on inputs to exporters. Right now, e-commerce exporters are not getting RoDTEP benefits.Ā 

    Practice Next
    More GK Miscellaneous Questions
    ask-question