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Import of these items stood at $0.46 million in April-November this fiscal. They are mainly imported from France, Germany, Hong Kong and the UK.
Under the Remission of Duties and Taxes on Exported Products (RoDTEP), various central and state duties, taxes, and levies imposed on input products, among others, are refunded to exporters.
The government on Wednesday removed import restrictions on certain kinds of patrol boats and vehicles with immediate effect, according to a notification. The Directorate General of Foreign Trade (DGFT) said the import policy of patrol or surveillance boats, air-cushion vehicles, and remote-operated vehicles is “revised from restricted to free with immediate effect”.
Import of these items stood at $0.46 million in April-November this fiscal. They are mainly imported from France, Germany, Hong Kong and the UK.
In a separate notice, the DGFT said it has introduced an online module for filing annual RoDTEP returns.
Under the Remission of Duties and Taxes on Exported Products (RoDTEP), various central and state duties, taxes, and levies imposed on input products, among others, are refunded to exporters. The current RoDTEP rates are in the range of 0.3 per cent to 4.3 per cent.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)
