Which of the following ministry recently notified Remission of Duties and Taxes on Exported Products (RoDTEP) scheme guidelines?

Daily Current Affairs Quiz 19 August 2021

Which of the following ministry recently notified Remission of Duties and Taxes on Exported Products (RoDTEP) scheme guidelines?

A. Ministry of Education

B. Ministry of Commerce & Industry

C. Minister of Ports, Shipping and Waterways

D. Ministry of Skill Development and Entrepreneurship

Explanation:

The Ministry of Commerce & Industry has notified Remission of Duties and Taxes on Exported Products (RoDTEP) scheme guidelines and rates in the range of 0.3-4.3 per cent. The scheme for zero rating of exports will boost our exports & competitiveness in the global markets. The rates of RoDTEP will cover 8555 tariff lines.

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