Last month, the government announced rates of tax refunds under the RoDTEP scheme for 8,555 products, such as marine goods, yarn, dairy items. The government has set aside Rs 12,454 crore for the current fiscal
The panel has underlined that the Indian exporters are at a "disadvantage" in the US and the European markets while competing with other exporting nations due to the absence of FTAs with the US and the EU countries
The ministry had in June extended the deadline for making payments under the scheme till August 31. However, taxpayers have the option to make payments till October 31, with an additional amount of interest.