3. Q.)Consider the following statements regarding the Remission of Duties and Taxes on Export Products (RoDTEP) in news
- It is a new scheme that is applicable with effect from January 1st, 2021, formed to replace the existing MEIS (Merchandise Exports from India Scheme).
- Under RoDTEP, all sectors, including the textiles sector, are covered, so as to ensure uniformity across all areas.
- There is particular turnover threshold criteria to claim the RoDTEP.
Which of the above statements are correct?