GJ Town India

  RoDTEP, RoSCTL like benefits to exports through Courier   Union Minister of Commerce and Industry, Piyush Goyal, chaired the third meeting of the reconstituted Board of Trade at Mumbai. Piyush Goyal reaffirmed the government’s commitment to drive economic growth through robust partnerships with state governments.   The Minister emphasized that initiatives of the government are instrumental in guiding India towards a more transparent, efficient, and sustainable trade environment, benefiting the country’s broader economic landscape. Goyal launched the Department of Commerce’s Jan Sunwai Portal, designed to streamline communication between stakeholders and authorities, providing a direct and transparent channel for addressing trade and industry-related issues.   This portal offers on-demand video conferencing services, in addition to fixed video conference links for regular, scheduled interactions. The portal’s accessibility extends across various offices and autonomous

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