Tobacco farmers ask govt to include sector under duty refund scheme RoDTEP

Quick Summary:

Tobacco exporters have asked the government to extend the duty refund scheme RoDTEP to the sector to boost outbound shipments.

In a meeting with Commerce and Industry Minister Piyush Goyal in Hyderabad on June 29, traders submitted that tobacco exporters are not covered under any scheme that provides export incentives.

They "requested to extend support to tobacco exporters by including them under the RoDTEP scheme," the ministry said in a statement.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Foreign trade of India Customs duties Hyderabad Tobacco products Commerce and Industry Minister Piyush Goyal Manufacturing

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-30 @ 19:13:14 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21426039

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Coverage Areas: India

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