Govt-appointed panel to finalise RoDTEP rates for SEZs by mid-June

The committee is likely to submit its report to the department of commerce by mid-June

A government-appointed committee headed by former commerce secretary GK Pillai will soon finalise the rates for the export-boosting scheme — RoDTEP — towards exports from special economic zones (SEZs) and export-oriented units (EOUs).

Remission of Duties and Taxes on Export Products (RoDTEP) scheme, which was rolled out last year, enables refund of duties and taxes at the central, state, and local level. It includes levies incurred in the process of manufacture and distribution of export products and currently not being rebated under any other scheme.

The department of commerce has excluded some sectors from the scheme mainly due to budget constraint challenges