SC: No Remand if the Appellate Court Can Decide the Issue on Existing Evidence  ||  SC: S.69 Evidence Act Applies to Will Only if S.68 Attestation Proof is Impossible  ||  SC: Superior’s Mere Reprimand Not Abetment of Suicide without Intent to Provoke Death  ||  SC: Speedy Trial is Victim’s Right; Gangsters Act Case Cannot Stall Other Trials  ||  Supreme Court Issues Directions to Curb Unaccounted Cash in Elections to Protect Democracy  ||  Supreme Court Issues Directions to Prevent Fake Sureties in Bail Cases Involving Foreigners  ||  Madras HC: Police Cannot Arbitrarily Bar Carrying Indian Flag at Peaceful Rallies  ||  Delhi HC Bars JNU from Granting Student Admissions Using Deprivation Points  ||  Kerala High Court Flags Misuse of POCSO in Marital Disputes and Acquits Man Accused of Rape  ||  Calcutta HC orders Urgent EWS Certificate Decision, Says Mother's Voter Deletion Irrelevant    

Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024- (Press Information Bureau) (26 Sep 2023)

MANU/PIBU/3102/2023

Customs

The Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) support which was notified till 30th September 2023 is now being extended till 30th June 2024 at the same rates to the existing export items. This will help our exporting community to negotiate export contracts in the present international environment on better terms. The Scheme is WTO compatible and is being implemented in an end-to-end IT environment.

In another development, in line with the Scheme framework, the RoDTEP Committee has again been constituted in the Department of Revenue to review and recommend the ceiling rates under the RoDTEP Scheme for different export sectors. The Committee held its first interaction today at Vanijya Bhawan in New Delhi with the Export Promotion Councils (EPCs)/Chamber of Commerce and discussed the methodology and other issues relating to the Scheme and its implementation. The EPCs in their observations emphasized the need for enhancing the RoDTEP budget allocation and for higher rates to be made available to all export items to help them secure greater market access abroad.

The RoDTEP Scheme was introduced by the Government as a duty remission scheme on exports and is being implemented from 1st January 2021. The Scheme provides a mechanism for reimbursement of taxes, duties and levies, which are currently not being refunded under any other mechanism, at the central, state and local level, but which are incurred by the export entities in the process of manufacture and distribution of exported products. Under the Scheme, a support of Rs. 27,018 crores has been extended for the 27 month period till 31.03.2023. The RoDTEP scheme operates under a budgetary framework and for FY 23-24, a budget of Rs. 15,070 crores is available to support 10610 HS lines at the 8 digit level.

Tags : SUPPORT   EXTENSION   REMISSION   DUTIES  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved