Minister of State for Commerce and Industry Anupriya Patel has expressed hope that the demand of SEZ community for extending the benefits of tax refund scheme RoDTEP to them will soon be addressed.
Patel has stated that under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, various central and state duties, taxes, levies imposed on input products, among others are refunded to exporters to boost exports. At present, SEZs are allowed to sell their products in the domestic market, but after payment of customs duty.
The minister said ‘we are taking this up with the department of revenue and we are very hopeful that your concerns will soon be addressed’. She said that in the guidelines of RoDTEP, there is a provision for considering this issue by the RoDTEP committee. She also said SEZs and EOUs will play an important role in achieving $400 billion exports target for the current fiscal year.
