(a) whether NCAER has been entrusted with the task of preparing a WTO compatible export promotion scheme;
(b) if so, details thereof with terms of reference;
(c) when the NCAER is likely to submit its scheme to Government; and
(d) its likely impact on the existing Duty Entitlement Passbook Scheme?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY( SHRI E.V.K.S. ELANGOVAN)
(a) to (d):Government, with the help of National Council for Applied Economic Research (NCAER)
and Rajiv Gandhi Foundation/economic Law Practice, is in the process of formulating a draft
Export Promotion Scheme that will be considered in replacement of the Duty Entitlement Passbook Scheme. The Scheme will take into account various unremitted taxes and levies. The draft proposal is expected, shortly.