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REMISSION OF DUTIES
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...
- 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. ...
- 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...
- India overhauls customs duty rules to help exporters and smaller businessesIndia has updated customs rules to treat postal exports like regular cargo, simplifying incentive claims for small businesses and exporters...
- 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 ...
- Export remission scheme may continue beyond SeptThe Indian government has decided to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme beyond September, with a...
- 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...
- Govt to release Rs 56,027 cr to exporters for pending tax refundsThis amount is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme an...
- Expected 5-7% duty remission rates for handicrafts under RoDTEP: Exporter bodyThe scheme was notified for 8,555 products including employment-generating marine, agriculture, leather, and gems and jewellery sectors in ...
- New scheme for service exports with max sops for MSMEs proposedThe scheme is touted as a replacement for the Service Export from India Scheme and is on the same lines as Remission of Duties and Taxes on...
- 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...
- Cabinet approves RoDTEP scheme to reimburse taxes, duties paid by exportersThe scheme comes at a time when India’s exports declined for the sixth month in a row in January and face uncertainty due to the spread of ...
- Commerce dept seeks clarity on duty remission schemesThe commerce department has initiated discussion with the finance ministry on the fate of the various input duty remission schemes for expo...
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