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 : Learn about the RoDTEP scheme, a Department of Commerce program implemented in 2021 for rebates on exports. Get updated informatio...
DGFT : RoDTEP and RoSCTL are e-scrips issued by customs in respect of remission of embedded local duties/ taxes/ levies in exported goods...
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 : 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...
DGFT : Governments latest memo explores covering SEZs and EOUs under RoDTEP Scheme. Learn about the implications and updates from the Min...
DGFT : DGFT issues Trade Notice No. 30/2023-24, requesting the submission of data to the RoDTEP Committee for the review of RoDTEP rates....
DGFT : Government extends RoDTEP Scheme support till June 2024, aiding exporters with duty remission. Learn about its impact and budget a...
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;
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 […]
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 of MEIS scheme which […]
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 […]
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 Press […]
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.
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 […]
The Union Cabinet in March approved the Remission of Duties or Taxes on Export Products (RoDTEP), a scheme for exporters to reimburse taxes and duties paid by them such as value added tax, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not getting exempted or refunded under any other existing […]
The big question now a days is whether the export incentives are going to be scrapped? India lost the case against United States of America (USA) in World Trade Organisation (WTO). USA alleged that India is violating the provisions of Subsidies and Countervailing Measurers Agreement (SCM) by giving export rewards to its exporters in form […]
RoDTEP is a new scheme to replace the existing MEIS scheme for exports of goods from India, which aims to reimburse the taxes and duties incurred by exporters such as local taxes, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not getting exempted or refunded under any other existing scheme. The rebate would be claimed as a percentage of the Freight On Board (FOB) value of exports.
