RODTEP
Aluminium industry seeks extension of tax benefits for exports
The Aluminium Association of India has requested the government to continue providing export duty benefits for aluminium produced in advance authorisation, export oriented units, and special economic zones. This could potentially benefit the industry by $60 million, helping offset lower overseas realisation and support India's export production amid rising global competition.
Aluminium industry seeks extension of benefits under RoDTEP for export units
The Aluminium Association of India (AAI) has appealed to the government to extend the RoDTEP Scheme for aluminium-producing units in SEZs. With nearly 45% of aluminium exports coming from these units, the AAI warns that failure to extend the scheme could harm global competitiveness, lead to job losses, and hinder domestic growth amidst ongoing trade uncertainties.
Budget 2025: Sitharaman announces export promotion mission with sectoral targets
Finance Minister Nirmala Sitharaman announces an export promotion mission setting sectoral targets in the FY26 Budget. The allocations for the RoDTEP and RoSCTL schemes are expected to see a 10% increase to support exporters amid global trade challenges and emerging opportunities.
Union Budget: Rice industry seeks budget support for exports, agri infra amid surplus stock, price drop
Budget 2025: The Indian rice industry requests government support for surplus stock, falling prices, and weak exports in the upcoming Union Budget. Industry leaders emphasize the need for policies promoting rice exports and enhancing rural infrastructure, especially in irrigation and cold storage. They also advocate for agri-tech startups and digital literacy programs for farmers to boost productivity and resilience.
Govt removes curbs on import of certain kinds of boats, vehicles
The Indian government has now allowed the import of certain patrol boats and vehicles without restrictions, effective immediately. This policy change affects patrol boats, air-cushion vehicles, and remote-operated vehicles, which are primarily imported from France, Germany, Hong Kong, and the UK. Additionally, an online module for filing annual RoDTEP returns has been introduced.
Budget 2025: FM likely to increase outlay for 2 key tax remission schemes for exporters by 10%
The finance ministry is expected to increase allocations for two key tax remission schemes for exporters—RoDTEP and RoSCTL—by about 10% each in the 2025-26 budget to support exporters amid global economic challenges. Currently, ?16,575 crore is allocated for RoDTEP and ?9,246 crore for RoSCTL.
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Budget 2025: Simplified tariff structure, lower tax on electronics sector's wish list
Budget 2025: India’s electronics industry is eyeing significant reforms in the upcoming Union Budget to address challenges like high tariffs, regulatory hurdles, and tax compliance. They propose a simplified tariff structure, tax reductions, and financial support to boost manufacturing. The industry aims for enhanced global visibility and substantial growth, targeting $500 billion in output by 2030.
Why exporters are unhappy with India’s key export incentive scheme
Industry players are happy that the RoDTEP Scheme, which replaced the MEIS, has encouraged exports. But it is time to overhaul the scheme’s rates and coverage in a changing world, they add.
Govt extends export benefits under RoDTEP scheme to SEZ units
The commerce ministry said that amid global economic uncertainties and supply chain disruptions, extending RoDTEP benefits to the uncovered sectors like AA (advance authorisation), EOUs, and SEZ units will help the exporting community in handling the international headwinds.
Aluminium industry seeks govt intervention for declaration of rates for SEZs, EOUs under RoDTEP
The Aluminium Association of India (AAI) has requested the government to notify rates for aluminium special economic zones and export-oriented units (EOUs) under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. The AAI believes that this move would boost India's exports and create a favorable business environment for domestic industries.
Govt extends support under RoDTEP scheme till June 30, 2024
The Indian government has extended support under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until June 30, 2024. The scheme provides reimbursement of taxes, duties, and levies incurred by export entities during the manufacturing and distribution of exported products. The extension aims to help exporters negotiate better terms in the international market.
Export benefits under RoDTEP extended to certain textile items
Under the RoDTEP, various central and state duties, taxes, and levies imposed on input products, among others, will be refunded to exporters. "18 tariff lines...are being added...under RoDTEP for exports made from March 28, 2023," it said.
From key features and eligibility to major differences between RoDTEP and MEIS, here’s all you need to know about the RoDTEP Scheme.
RoDTEP (Remission of Duties or Taxes on Export Products) came into effect on Jan 01, 2021
Govt sets up committee for determination of RoDTEP rates for exports from SEZs, EOUs
The government in August announced the rates of tax refunds under the export promotion scheme RoDTEP for 8,555 products, such as marine goods, yarn and dairy items. It has set aside Rs 12,454 crore for refunds under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for the current fiscal.
Tea, coffee exports find the RoDTEP rates inadequate
They have urged the ministries of commerce and finance to increase the RoDTEP rate so that they can get some respite.
This is how RoDTEP scheme can impact exports
After missing several deadlines, the Ministry of Commerce notified the guidelines and rates under the scheme on 17 August this year.
Hopeful that concerns of SEZs on RoDTEP will soon be addressed: Union minister Anupriya Patel
At present, SEZs are allowed to sell their products in the domestic market, but after payment of customs duty. Export Promotion Council for SEZ and EOUs (EPCES) Chairman Bhuvnesh Seth has urged the government to extend the benefits of RoDTEP to the sector.
Deciphering the RoDTEP Scheme for exporters
RoDTEP Scheme is primarily a replacement of MEIS Scheme which was challenged by the US at WTO wherein a dispute panel in the WTO ruled against India.
Indian export bodies seek RoDTEP revision to include SEZ, EOU products
It should be borne in mind that while RoDTEP has excluded crucial sectors from its ambit, it is still a step towards offering level playing parity to the Indian exporters in compliance with the WTO provisions.
Govt notifies RoDTEP rates, guidelines
The government has decided to extend the benefit of Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to all goods, with effect from January 1, 2021, according to a notification by the Directorate General of Foreign Trade (DGFT).
RoDTEP: India notifies duty rebate rates to give exports the push it needs
Rates for different sectors range between 0.3-4.3% under the incentive scheme that aims to refund exporters duties and taxes such as VAT on fuel used in transportation, Mandi tax and duty on electricity used during manufacturing, that were so far not being refunded.
Govt notifies RoDTEP rates, guidelines
The rates for different sectors include 0.5 per cent, 2.5 per cent and 4 per cent. It has also notified guidelines for the scheme.
Commerce department for RoDTEP budget hike to Rs 20,000 crore
“This risks RoDTEP scheme being dragged to the World-Trade Organisation (WTO) ab-initio,” the department wrote in its recommendations to the committee of secretaries for RoDTEP, accessed by ET.
Industry hopeful that RoDTEP will eliminate all undesired tax costs for exporters: ET-ILC Members
The aim of RoDTEP is to refund non-creditable taxes embedded in the export product and the genesis of GST was to create a robust Input Tax Credit mechanism.
Electronics companies seek 2-4% rate on key exports
ICEA estimates that its proposed RoDTEP rates will deliver an annual incentive of close to Rs 120 crore, based on remission of big-ticket items such as indirect taxes on transport and power, and embedded taxes on inputs.
Electronics makers propose 2-4% sops on exports under RoDTEP scheme
The India Cellular and Electronics Association (ICEA), has calculated a RoDTEP rate of 2% on smartphones, 2.4% on featurephones, 2% on tablets/laptops, 3.4% on battery chargers and 1.48% on battery packs.
Government’s RoDTEP scheme could face legal challenges, warn tax experts
Tax experts said many exporters are already facing a lot of trouble and with some of the existing schemes already under litigation, even RoDTEP could present legal challenges for the government.
Panel to fix rates for exporters' duty refund scheme to submit report in few weeks: Finance Secretary
RoDTEP , duty refund, The scheme would refund to exporters the embedded central, state and local duties and taxes that were so far not being rebated or refunded and were, therefore, placing India''s exports at a disadvantage. The refund would be credited in an exporter's ledger account with customs and used to pay basic customs duty on imported goods. The credits can also be transferred to other importers.
RoDTEP scheme extended to all export goods from January 1
The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being rebated or refunded and were, therefore, placing India's exports at a disadvantage.
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