With reference to the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, consider the following statements:
1. RoDTEP aims to refund embedded taxes and duties on exported products.
2. The scheme covers a wide range of export sectors, including chemicals, pharmaceuticals, and articles of iron and steel.
3. RoDTEP was introduced to replace the Merchandise Exports from India Scheme (MEIS).
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3