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EXPORTED PRODUCTS REMISSION
India plans stronger exporter support as Middle East crisis strains trade flowsIndia's government is poised to enhance its export tax refund initiative, a strategic move aimed at bolstering its international trade amid...- Commerce ministry notifies RoDTEP schedules to align with amended customs tariff structureThe commerce ministry has updated export duty remission schedules. This aims to simplify benefits for exporters. A Basmati and Organic Trai...
- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- India ready to slash import duties, curb exports to secure domestic supply: Trade officialIndia may lower import duties and regulate exports to secure domestic supply amid global disruptions caused by the Iran war. This strategic...
- Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: OfficialExports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme...
- West Asia crisis: Full benefits restored under RoDTEP schemeThe government has reinstated full benefits under the RoDTEP scheme for exporters, reversing a previous reduction in rates and value caps. ...
- Parliament Watch: EU rules challenge Indian exporters; Over 1 lakh benefit from RoDTEP in FY26; India’s imports from China slowIndian exporters navigate the complexities of European Union regulations, which pose considerable hurdles. Fortunately, the RoDTEP scheme h...
- Reduced RoDTEP rates not applicable to exports of agri, processed food products: GovtThe government has clarified that reduced rates and value caps under the RoDTEP scheme do not apply to agricultural and processed food expo...
- Budget 2025: FM likely to increase outlay for 2 key tax remission schemes for exporters by 10%The finance ministry is expected to increase allocations for two key tax remission schemes for exporters—RoDTEP and RoSCTL—by about 10% eac...
- Govt notifies conditions for exports of sesame seeds to USThe Indian government has outlined new export conditions for sesame seeds to the US, effective from November 16. The India Oilseeds and Pro...
- Registration-cum-membership certificate not mandatory for exporters to seek scheme benefits: DGFTDGFT confirms that exporters do not need a Registration-cum-Membership Certificate to receive benefits under schemes such as duty drawback ...
- RoDTEP scheme gets extension till June 30The RoDTEP scheme provides a mechanism for reimbursement of taxes, duties and levies, which are currently not being refunded under any othe...
- Govt extends support under RoDTEP scheme till June 30, 2024The Indian government has extended support under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until June 30, 2024...
- Tax refund scheme for exports may be extended beyond SeptemberThe Remission of Duties and Taxes on Exported Products (RoDTEP) scheme was expanded in December last year to include pharmaceuticals, chemi...
- RodTEP may be extended to special economic zones and export oriented unitsSEZs and EoU units have been excluded from the benefits under the Remission of Duties and Taxes on Exported Products scheme, notified last ...
- Handicraft export promotion council urges govt to relook remission ratesIn a meeting with finance minister Nirmala Sitharaman, EPCH chairman Rajkumar Malhotra also raised issues related to restoration of duty-fr...
- Pharma, steel exporters to take up RoDTEP exclusion with Piyush Goyal“Some of the increase was offset by decrease in exports petroleum products, iron ore, and leather and leather manufactures over 2019-20,” t...
- 'Teething troubles' hold up exporters tax benefits under RoDTEP scheme: Commerce secretary“The entire roadmap is clear and benefits will be available from January 1, 2021...it is just a matter of a few weeks’ teething issues. The...
- Aluminium association urges government to remit export duties and taxes under RoDTEP schemeThe body has requested the ministries to ensure remission of unrebated central & state duties & taxes which constitutes around 15% of alumi...
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