Export incentive dues of Rs56,027 crore released
Disbursed to more than 45K exporters, out of Which around 98% may fall in the MSME category Government has released Rs56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes namely: Merchandise Exports from India Scheme (MEIS) - Rs33,010 crore, Service Exports from India Scheme (SEIS) - Rs10,002 crore, Rebate of State and Central Taxes and Levies (RoSCTL) - Rs5,286 crore, Rebate of State Levies (RoSL) - Rs330 crore, Remission of Duties and Taxes on Exported Products (RoDTEP) - Rs 2,568 crore and other legacy Schemes like Target Plus Scheme (TPS), Focus Product Scheme (FPS) etc. - Rs 4,831 crore. This includes support for exports made under RoDTEP and RoSCTL Schemes during the 4th quarter of FY 2020-21. It is estimated that such benefits would be disbursed to more than 45,000 exporters, out of which around 98% may fall in the Micro, Small and Medium Enterprises (MSME) category. Clearance of dues under these Schemes is de