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.
