Commercial Vehicle

PAIN POINTS OF RODTEP

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■ RoDTEP is restricted to only input embedded taxes, thus the rate of rebate is lower than MEIS.

■ The range varies from 0.5 per cent to 4.3 per cent depending upon the sector.

■ All sectors belonging to iron and steel and pharmaceut­icals are excluded from this scheme.

■ Also if any individual faces higher duties which are higher than the rebate which is granted in that aspect, representa­tions can be made to trade bodies/ export councils and RoDTEP committee for determinat­ion of ceiling rates.

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