Consider the following statements regarding RoDTEP scheme. RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goodsandrsquo; shipments meant for export. The scheme replaced the Merchandise Export from India Scheme (MEIS). Any item which is restricted is not entitled for the RoDTEP benefits.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?

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Consider the following statements regarding RoDTEP scheme.

RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export.
The scheme replaced the Merchandise Export from India Scheme (MEIS).
Any item which is restricted is not entitled for the RoDTEP benefits.

How many of the above statements is/are correct?

a)
Only one
b)
Only two
c)
All three
d)
None

Correct answer is option 'C'. Can you explain this answer?

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Consider the following statements regarding RoDTEP scheme. RoDTEP sche...

The government is trying to work out a mechanism to bestow tax remission benefits on exports of sugar, which had been placed in the ‘restricted’ category in mid-2022, and is considering a demand from tea exporters to raise their tax remission rates.
The Remission of Duties and Taxes on Export Products (RoDTEP) scheme, launched in January 2021, is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export. Authorities had denied benefits under the scheme to sugar exporters after the sweetener was removed from the ‘free’ category in June 2022 as a pre-emptive measure to boost domestic availability and avoid a spurt in prices.
“Any item which is restricted is not entitled for the RoDTEP benefits. So once sugar was brought into the restricted list, it has been prevented from getting RoDTEP,”
The scheme was announced as a replacement for the Merchandise Export from India Scheme (MEIS), which was not compliant with the rules of the World Trade Organisation.

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Consider the following statements regarding RoDTEP scheme. RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export. The scheme replaced the Merchandise Export from India Scheme (MEIS). Any item which is restricted is not entitled for the RoDTEP benefits.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?

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Consider the following statements regarding RoDTEP scheme. RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export. The scheme replaced the Merchandise Export from India Scheme (MEIS). Any item which is restricted is not entitled for the RoDTEP benefits.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding RoDTEP scheme. RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export. The scheme replaced the Merchandise Export from India Scheme (MEIS). Any item which is restricted is not entitled for the RoDTEP benefits.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding RoDTEP scheme. RoDTEP scheme is aimed at ensuring that no domestic taxes are added on to goods’ shipments meant for export. The scheme replaced the Merchandise Export from India Scheme (MEIS). Any item which is restricted is not entitled for the RoDTEP benefits.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.

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