Q1. With reference to the export-support schemes of India, consider the following statements:
- RoDTEP seeks to neutralise duties, taxes and levies embedded in exported products that are not otherwise refunded or remitted.
- RoSCTL is specifically associated with the export of garments and made-ups.
- RoDTEP replaced the Merchandise Exports from India Scheme (MEIS) for most products from January 2021.
- Both RoDTEP and RoSCTL are administered by the Ministry of Textiles.
Which of the statements given above are correct?
(a) 1, 2 and 3 only
(b) 1 and 4 only
(c) 2, 3 and 4 only
(d) 1, 2, 3 and 4
Answer: (a)
Explanation:
- Statement 1 is Correct: RoDTEP aims to remit embedded/unrefunded central, state and local duties, taxes and levies on exports.
- Statement 2 is Correct: RoSCTL specifically provides rebate support for garments and made-ups.
- Statement 3 is Correct: RoDTEP replaced MEIS for most products from 1 January 2021.
- Statement 4 is Incorrect: The schemes have different administrative domains. RoDTEP is implemented by the Department of Commerce, while RoSCTL is administered by the Ministry of Textiles.