UPSC Prelims Practice Questions — Textile exporters seek restoration of RoDTEP

Q1. In the context of the RoDTEP scheme, the term 'e-scrip' refers to which one of the following?

  • A. A transferable duty credit, recorded in an electronic ledger, that can be used by the holder to pay Basic Customs Duty
  • B. A direct cash subsidy, equal to the embedded taxes, credited to the exporter's bank account on shipment
  • C. An electronic invoice automatically generated to claim a refund of Integrated GST on exported goods
  • D. A licence permitting duty-free import of inputs that are physically incorporated into export products

Q2. The RoDTEP scheme is notified and administered by the Directorate General of Foreign Trade by exercising powers under which one of the following statutes?

  • A. Foreign Trade (Development and Regulation) Act, 1992
  • B. Customs Act, 1962
  • C. Central Goods and Services Tax Act, 2017
  • D. Foreign Exchange Management Act, 1999

Q3. Under the RoDTEP scheme, the electronic credit ledger in which the duty credit e-scrips are maintained is administered solely by which one of the following bodies?

  • A. Central Board of Indirect Taxes and Customs (CBIC)
  • B. Directorate General of Foreign Trade (DGFT)
  • C. Reserve Bank of India (RBI)
  • D. Central Board of Direct Taxes (CBDT)