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...
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.
Cabinet has approved WTO compliant scheme for ‘Remission of Duties and Taxes on Exported Products (RoDTEP)‘ to boost exports for enhancing Exports to International Markets. The scheme is explained here below in simplified manner – #Objective of RoDTEP scheme To make Indian exports cost competitive and create a level playing field for exporters in International […]
Cabinet approves scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to boost exports Scheme for enhancing Exports to International Markets.
A New Scheme Remission of Duties & Taxes on Export Products (RoDTEP) is being drafted by The Ministry of Commerce to replace the existing Schemes. The Ministry is deliberating with Trade & Industry and has already issued circulars for Trade to propose to them on the suggested benefits for their Industry. It is the right time for Trade & Industry to respond and share their views in the best interest of their Industry.
