The commerce ministry should engage with its finance counterpart for additional allocation under the recently notified tax rebate scheme for exporters — RoDTEP — as the budgeted Rs 12,500 crore for the programme would be inadequate to meet its objectives, the parliamentary panel on commerce said.
Last month, the government announced rates of tax refunds under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for 8,555 products.