Food Processing Industry

RoDTEP – Export Promotion Scheme

The GOI recently notified the RoDTEP – Remission of Duties or Taxes on Export Products – scheme rules as a shot in the arm for export promotion in India. RoDTEP Scheme Refund of currently ‘un-refunded’ taxes, duties, levies in inputs of export products It replaces the MEIS which was found violative of the WTO norms …

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TReDS, MSMEs and Bill Discounting in India

TReDS stands for Trade Receivables Discounting System – an overly complex sounding simple financial tool to help MSMEs overcome their capital shortfalls. TReDS broadly is an RBI regulated Bill Discounting System. Lol, no. It does not mean discounts on your bills – so don’t get your hopes up just yet. Bill discounting is a completely …

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