- India reinstates RoDTEP benefits for exporters effective June 1, 2025
- Benefits apply to exporters under Advance Authorization, Export-Oriented Units, and Special Economic Zones
- Central government allocates INR 182.33 billion for RoDTEP in financial year 2025-26
- Export benefits cover goods manufactured in special economic zones and export-oriented units
- Reimbursements available for embedded duties, taxes, and levies not covered by other schemes
- Move aims to enhance India’s competitiveness in global trade
- Scheme covers sectors like textiles, chemicals, pharmaceuticals, cars, agriculture, and food processing
- By March 31, 2025, scheme disbursed over INR 579.76 billion
- RoDTEP covers 10,780 HS lines for Domestic Tariff Area exports and 10,795 for AA/EOU/SEZ exports
- Benefits provided as transferable duty credit or e-scrips based on product-specific rates
- Exporters must declare RoDTEP claim when filing shipping bill
- E-scrips credited via ICEGATE portal, usable for customs duty on future imports
- Experts welcome RoDTEP revival but caution against frequent policy changes
- Need for stable five-year policy framework to strengthen India’s export position
Source: india-briefing.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
