CBIC constitutes Committee for determining RoDTEP rates for AA or EOU or SEZ Exports [Read Office Memorandum]

CBIC - RoDTEP - AA - EOU - SEZ exports - Taxscan

The Central Board of Indirect Taxes and Customs (CBIC) has constituted the Committee for determining RoDTEP rates for AA or EOU or SEZ exports.

The Government vides Order dated October 18, 2021, has constituted a Committee for determination of RoDTEP rates for AA/EoU/SEZ exports and to give a supplementary report/ recommendations on issues or representations, if any, relating to errors or anomalies pointed out, arising from the report of the erstwhile RoDTEP Committee as well as the report of the incumbent RoDTEP Committee. The Committee will submit its report to the Government within a total period of eight months (six months for submission of report for determining RoDTEP rates for AA/EoU/SEZ exports and another two months for supplementary exercise).

“As intimated by the Committee, its first meeting is scheduled to be held on October 25, 2021, at 11.00 hrs at Committee Room, Drawback Division, 4th Floor, Jeevan Deep Building, Parliament Street, New Delhi,” the office memorandum read.

It has been further informed that from the experience gathered from the last exercise of determination of ceiling rates under the RoDTEP scheme, it has been felt that obtaining data from Trade Associations, Export Promotion Councils, etc. consumes a lot of time. Therefore, in order to complete the work assigned to RoDTEP Committee within the mandated time frame, it is imperative that necessary data are made available to the Committee quickly. DGFT is the nodal Government Agency dealing with the AA/EoU/SEZ schemes and is in touch with the exporters, availing the benefit of these schemes.

The DGFT may appoint a nodal officer who will assist the RoDTEP Committee in obtaining data from Trade Associations, Export Promotion Councils, etc. relating to AA/EoU/SEZ exports.

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