Export Incentive

RODTEP & Advance Authorization

DGFT - The United States lodged a complaint against India before WTO on 14.03.2018 alleging that export subsidies provided by India under five sets of measures viz. the Export Oriented Units, Electronics Hardware Technology Park and Bio-Technology Park (EOU/EHTP/BTP) Schemes;...

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Advisory for RoDTEP (Remission of Duties and Taxes on Exported Products) Incentive Scheme

DGFT - A new scheme, RoDTEP (Remission of Duties and Taxes on Exported Products) has been launched by the government for exporters. The scheme provides for rebate of Central, State and Local duties/taxes/ levies which are not refunded under any other duty remission schemes. The broad provisions are as under: I. To avail the scheme exporter shall...

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RoDTEP the New incentive scheme for Exporters

DGFT - Chartered Accountant with more than 15 years of practice. Specialized in the field  of Indirect taxation and Foreign Trade Policy. GST consultant for various companies. Assisted many Exporters in documentation and in obtaining the Export Incentive from the DGFT. RODTEP SCHEME A new scheme RoDTEP has been introduced from 1.1.2021 instead ...

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Pre-requisite for RoDTEP & Mechanism to claim RoDTEP benefit

DGFT - We refer to our earlier article on introduction of RoDTEP Incentive scheme with effect from 01 January 2021. In relation to the said press release, ICEGATE has issued Advisory No. 01/2021 dated 01 January 2021. Please find below a brief note on important aspects from the Advisory. The broad provisions of the scheme: Pre-requisite for [&he...

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IMPORTANT | RoDTEP Scheme from 01st January 2021

DGFT - As we all are aware that the Government was in discussion for the introduction of a new benefit of ​​Remission of Duties and Taxes on Exported Products (RoDTEP) on merchandise exports replacing the existing ​​Merchandise Exports from India Scheme (MEIS) Scheme. In relation to the same, the Ministry of Finance has recently issued a...

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Summary of Performance Audit on MEIS and SEIS

DGFT - This report contains significant results of the performance audit on Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS), which was conducted to seek an assurance on the success of facilitation measures introduced for simplifying the process of issuance of scrips and to examine effective linkage of ru...

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Capping of Rs 2 Crore for MEIS will not affect 98% of exporters

DGFT - On the issue of recent changes in the Merchandise Export from India Scheme (MEIS), the Minister said that the capping of Rs 2 Crore will not affect 98% of the exporters who claim benefit under the scheme....

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Cabinet approves scheme for RoDTEP to boost exports

DGFT - Cabinet approves scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to boost exports Scheme for enhancing Exports to International Markets....

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Customs cannot deny benefit where licensing authority not taking any action – SFIS benefit available to golf carts

EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) - EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) After considering the submissions of both sides, we find that in the first round of litigation when the original authority confirmed the demand and confiscated the goods with a redemption fine of Rs.1,00,000/-, the appellant filed a...

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Submission of data to RoDTEP Committee

Trade Notices No. 32/2020-2021-DGFT - (28/10/2020) - Members of trade are already aware that a new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP) has been approved for introduction by the Government....

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Procedure to apply for scrips under Scheme for RoSL

Public Notice No. 25/2015-2020-DGFT - (13/10/2020) - The pars 4.01 (d) of the FTP is about the Scheme for RoSL. The Gazette notifications of the Ministry of Textiles about implementation of RoSL. Scheme under scrip mechanism May be referred to for more details. The RoSL scrips shalt be issued only for such old shipping bills Of Scheme for RoSL., for w...

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Amendment in MEIS Schedule with effect fronm 01.01.2020

Public Notice No. 17/2015.2020-DGFT - (22/09/2020) - Certain amendments have been made in the MEIS schedule Table 2 of Appendix 313 to harmonize it with the Notification no. 38 dated 01.01.2020 and the changes in the Finance (No. 2/ Act. 2019. Fifth Schedule as notified by CHIC....

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Ceiling on MEIS benefits on exports made from 01.09.2020 to 31.12.2020

Notification No. 30/2015-2020-DGFT [S.O. 2980(E)] - (01/09/2020) - A limit on total reward under MEIS has been imposed so that for exports made in the period 01.09.2020 to 31.12.2020 the total reward which can be claimed by an IEC holder does not exceed the ceiling of Rs. 2 Cr....

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Recent Posts in "Export Incentive"

RODTEP & Advance Authorization

The United States lodged a complaint against India before WTO on 14.03.2018 alleging that export subsidies provided by India under five sets of measures viz. the Export Oriented Units, Electronics Hardware Technology Park and Bio-Technology Park (EOU/EHTP/BTP) Schemes;...

Read More
Posted Under: DGFT |

Advisory for RoDTEP (Remission of Duties and Taxes on Exported Products) Incentive Scheme

A new scheme, RoDTEP (Remission of Duties and Taxes on Exported Products) has been launched by the government for exporters. The scheme provides for rebate of Central, State and Local duties/taxes/ levies which are not refunded under any other duty remission schemes. The broad provisions are as under: I. To avail the scheme exporter shall...

Read More
Posted Under: DGFT |

RoDTEP the New incentive scheme for Exporters

Chartered Accountant with more than 15 years of practice. Specialized in the field  of Indirect taxation and Foreign Trade Policy. GST consultant for various companies. Assisted many Exporters in documentation and in obtaining the Export Incentive from the DGFT. RODTEP SCHEME A new scheme RoDTEP has been introduced from 1.1.2021 instead ...

Read More
Posted Under: DGFT |

Pre-requisite for RoDTEP & Mechanism to claim RoDTEP benefit

We refer to our earlier article on introduction of RoDTEP Incentive scheme with effect from 01 January 2021. In relation to the said press release, ICEGATE has issued Advisory No. 01/2021 dated 01 January 2021. Please find below a brief note on important aspects from the Advisory. The broad provisions of the scheme: Pre-requisite for [&he...

Read More
Posted Under: DGFT |

IMPORTANT | RoDTEP Scheme from 01st January 2021

As we all are aware that the Government was in discussion for the introduction of a new benefit of ​​Remission of Duties and Taxes on Exported Products (RoDTEP) on merchandise exports replacing the existing ​​Merchandise Exports from India Scheme (MEIS) Scheme. In relation to the same, the Ministry of Finance has recently issued a...

Read More
Posted Under: DGFT |

Submission of data to RoDTEP Committee

Trade Notices No. 32/2020-2021-DGFT (28/10/2020)

Members of trade are already aware that a new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP) has been approved for introduction by the Government....

Read More

Procedure to apply for scrips under Scheme for RoSL

Public Notice No. 25/2015-2020-DGFT (13/10/2020)

The pars 4.01 (d) of the FTP is about the Scheme for RoSL. The Gazette notifications of the Ministry of Textiles about implementation of RoSL. Scheme under scrip mechanism May be referred to for more details. The RoSL scrips shalt be issued only for such old shipping bills Of Scheme for RoSL., for which RoSL amounts could net he disbursed...

Read More

Customs cannot deny benefit where licensing authority not taking any action – SFIS benefit available to golf carts

EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai)

EIH Associated Hotels Ltd. Vs Commr. of Customs (E) (CESTAT Mumbai) After considering the submissions of both sides, we find that in the first round of litigation when the original authority confirmed the demand and confiscated the goods with a redemption fine of Rs.1,00,000/-, the appellant filed appeal before the Commissioner (Appeals) ...

Read More

Summary of Performance Audit on MEIS and SEIS

This report contains significant results of the performance audit on Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS), which was conducted to seek an assurance on the success of facilitation measures introduced for simplifying the process of issuance of scrips and to examine effective linkage of ru...

Read More
Posted Under: DGFT |

RODTEP calculations – race against time for manufacturer-exporters

India lost the battle before the WTO panel (panel) when number of export incentive schemes that were (are) in vogue were called off as illegal per the SCM agreement. The mischief of MEIS, as pointed out by the panel, was that instead of providing countervailing rates for setting of the input taxes, the rates were […]...

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Posted Under: DGFT |

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