₹15,070 crores is available to support 10610 HS lines at the 8-digit level, the government said. This program serves as a substitute for the discontinued Merchandise Exports from India Scheme (MEIS) that concluded last year.
Currently, more than 10,342 export items are eligible for the RoDTEP benefits. Exporters receive these incentives in the form of transferable duty credit scrips, which can be utilised for settling import duties or can be sold in the market."Exciting news! Mint is now on WhatsApp Channels
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