The Centre has notified Remission of Duties and Taxes on Exported Products- RoDTEP Scheme Guidelines and Rates.
 
Ministry of Commerce and Industry in a statement said that the scheme for zero rating of exports will boost the country's exports and  competitiveness in the global markets .
 
The rates of RoDTEP will cover 8555 tariff lines.
 
The Ministry said that  Government is leaving no stone unturned to support domestic industry and make it more competitive in the international markets.
 
Export centric industries are being reformed and introduced to better mechanisms so as to increase their competitiveness, boost exports, generate employment and contribute to the overall economy.
 
This will go a long way in achieving our vision of building an Aatmanirbhar Bharat.
 
It said, RoDTEP scheme  is one such reform, based on the globally accepted principle that taxes and duties should not be exported, and taxes and levies borne on the exported products should be either exempted or remitted to exporters.