DGFT : Learn about the RODTEP Annual Return, filing guidelines, eligibility, and consequences for non-compliance with the scheme....
DGFT : The Director General of Foreign Trade (DGFT) has introduced new guidelines under Paragraph 4.94 in Chapter 4 of the Handbook of Pr...
DGFT : Learn about the extension of the RoDTEP scheme for Export Oriented Units (EOUs), Advance Authorization Holders, and Special Econom...
Custom Duty : Learn about the Manufacture and Other Operations in Warehouse Regulations (MOOWR) Scheme, its advantages, disadvantages, applicati...
DGFT : Foreign Trade Policy update: DGFT extends RoDTEP benefits to AA, EOU, and SEZ units vide Notification No. 70/2023, dated March 8, ...
Custom Duty : CBIC's E-scrip module for digital access to RoSCTL and RoDTEP schemes. Step-by-step guide for exporters, including account creati...
DGFT : Commerce Ministry finally allowed RODTEP benefit to Chemical, Pharma and Steel Sector for the Exports transactions undertaken betw...
DGFT : Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventio...
DGFT : Government has released Rs 56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes...
DGFT : Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 c...
Custom Duty : DRISHTI module at JNCH improves monitoring of export proceeds, addressing issues with the RBI-BRC module for efficient recovery of...
DGFT : The Government extends the RoDTEP scheme for DTA and SEZ exports, with revised rates effective from October 10, 2024. Full details...
Custom Duty : CBIC extends export benefits like Duty Drawback, RoDTEP, and RoSCTL for courier shipments through ICES at International Courier Te...
Custom Duty : CBIC issues advisory suspending scrolls for IGST refund, RoDTEP, RoSCTL, and Drawback temporarily. Details and implications explai...
DGFT : India's RoDTEP scheme extension supports Advance Authorisation holders, EOUs, and SEZ units till 30.09.2024, enhancing export reba...
Amendments to Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) vide Circular No. 21/2022-Customs dated 26th of September, 2022. Circular No. 21/2022-Customs F. No. CBIC-140605/17/2021-O/o Dir(Drawback)-CBEC Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes & Customs (Drawback Division) ***** New Delhi, dated the 26th of September, 2022 […]
RoDTEP and RoSCTL are e-scrips issued by customs in respect of remission of embedded local duties/ taxes/ levies in exported goods.
In the current indirect tax regime, GST we already have a system whereby prior stage indirect taxes are taken into account and credit is given for taxes on inputs, and under the IGST Act exports are zero-rated
Learn everything you need to know about the RoDTEP scheme and its alignment with the Finance Act, 2021. Get insights into the benefits for exporters and boost your exports.
Export Promotion Government is encouraging and promoting Indian exports in international markets and initiate suitable interventions from time to time. The key schemes/interventions taken are: 1. Market Access Initiative (MAI) Scheme provides assistance to Export Promotion Organizations/Trade Promotion Organizations/National Level Institutions/ Research Institutions/Universities/Laboratories, Exporters etc., for enhancement of exports through accessing new markets or through […]
I. To avail the scheme exporter shall make a claim for RoSCTL/RoDTEP in the shipping bill by making a declaration. II. Once EGM is filed, claim will be processed by Customs. III. Once processed, a scroll with all individual Shipping Bills for admissible amount would be generated and made available in the users account at ICEGATE
Prevailing rate of RODTEP/ROSCTL is approximately 79%-80% of license value, it is a big cause of concern for exporters, as rate of MEIS before reopening of MEIS window was 96%-97%. This huge difference in price of RODTEP/ROSCTL is eroding profitability of exporters. Besides huge supply of MEIS / RODTEP/ ROSCTL, main reason for reduction in […]
Government has released Rs 56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes. In certain Schemes, such as MEIS, ROSCTL and ROSL, online applications are largely system approved, whereas for SEIS, TPS, FPS online applications require manual scrutiny and examination of documents.
The following process would be followed for RoDTEP (i) Exporters to register their IEC on ICEGATE with a DSC. (ii) To avail the scheme exporter shall make a claim for RoDTEP in the shipping bill by making a declaration. (iii) Once EGM is filed, claim will be processed by Customs. (iv) Once processed a scroll with all individual Shipping Bills for admissible amount would be generated and made available in the users account at ICEGATE
Scheme for Remission of Duties and Taxes on Exported Products (RODTEP) was launched in 2020 from 1st January 2021 through the ministry of commerce and industry Govt. of India. This scheme is applicable to the export of products but not services. This scheme was enforced to repeal and reduce taxes for exported products and thereby […]
