Introduction: The Ministry of Commerce & Industry’s Directorate General of Foreign Trade (DGFT) has released Trade Notice No. 30/2023-24 on October 19, 2023. This notice pertains to the submission of data to the RoDTEP (Remission of Duties and Taxes on Exported Products) Committee for the review of RoDTEP rates. RoDTEP aims to provide refunds of duties and taxes on exported products to enhance India’s export competitiveness.
Key Points of the Trade Notice:
The trade notice outlines key information and instructions for the submission of data for the review of RoDTEP rates:
1. RoDTEP Committee Review: The RoDTEP Committee has been formed to review and evaluate RoDTEP rates, and it plays a crucial role in the scheme’s implementation. This committee has been consulting with industry stakeholders to finalize the rates.
2. Submission of Data Formats: The DGFT’s Drawback Division has now completed the formats for the submission of data. Members of the trade and industry are required to use these designated formats for their data submissions.
3. Submission Deadline: The last date for the submission of information to the RoDTEP Committee in the designated formats is November 30, 2023. It is essential to adhere to this deadline to ensure that your input is considered in the rate review process.
4. Access to Information: Relevant orders, data formats, and other necessary information can be found in the public domain on the Central Board of Indirect Taxes and Customs (CBIC) website (cbic.gov.in). This information is accessible under the following path: Taxpayer and Stakeholder Assistance > Public Information > RoDTEP Committee.
5. Submission Method: The exporting community is requested to utilize this opportunity to submit the required information. Submissions should be made well within the specified timelines, and the data should be sent in MS Excel format to the email address rodtep.dbk@gov.in.
6. Contact for Clarifications: For any clarification or assistance, Shri Malay Samir, Deputy Secretary (Drawback), can be contacted at 011-23340581.
This initiative emphasizes the importance of collaboration between the government and industry stakeholders to refine and optimize the RoDTEP scheme, ensuring its effectiveness in promoting India’s exports.
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Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Trade Notice No. 30/2023-24-DGFT | Dated: 19th October, 2023
To,
1. Members of Trade and Industry
2. EPCs/ FIEO
3. Chambers of Commerce/Industry Associations
Subject:- Submission of data to RoDTEP Committee for review of RoDTEP rates- reg
Members of Trade and Industry are already aware that the RoDTEP Committee has been constituted for review of RoDTEP rates. After consultation with the industry, the Drawback Division has now finalized the formats for submission of data (Letter dated 12.10.2023 may be seen in this regard). The last date for submission of information to the RoDTEP Committee in the designated formats as given in Annexure B (Part 1 and Part 2) is 30th November 2023.
Relevant orders and data formats etc. have been made available in the public domain at CBIC website (cbic.gov.in) under the link > Taxpayer and Stakeholder Assistance > Public Information > RoDTEP Committee
2. Exporting community is requested to make use of this opportunity and submit required information well within the laid down timelines with copy in MS Excel format to the email id-rodtep.dbk@gov.in. For any clarification, Shri Malay Samir, Deputy Secretary (Drawback) at 011-23340581 may also be contacted.
(Deepak Jhalani)
Deputy Director General of Foreign Trade
deepak.jhalani@gov.in
[Issued from F. No 01/61/180/155/AM21/PC-3(Part1)]
