https://www.taxtmi.com/news?id=22636 Cabinet approved RoDTEP to reimburse non refunded central, state and local taxes, duties and levies incident to manufacture and distribution of exported products, with rates and eligible items to be set by an inter ministerial Committee. Refunds will be issued as transferable duty credit/electronic scrip in an electronic ledger, implemented with end to end digitization. Items will be phased from MEIS to RoDTEP when rates are notified; the rebate is claimable as a percentage of FOB value. An IT based Risk Management System and audit mechanism will verify exporter records. en-us Fri, 13 Mar 2020 17:49:18 +0530 Fri, 13 Mar 2020 17:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22636 Cabinet approved RoDTEP to reimburse non refunded central, state and local taxes, duties and levies incident to manufacture and distribution of exported products, with rates and eligible items to be set by an inter ministerial Committee. Refunds will be issued as transferable duty credit/electronic scrip in an electronic ledger, implemented with end to end digitization. Items will be phased from MEIS to RoDTEP when rates are notified; the rebate is claimable as a percentage of FOB value. An IT based Risk Management System and audit mechanism will verify exporter records. News - Fri, 13 Mar 2020 17:49:18 +0530 https://www.taxtmi.com/news?id=22636