Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

• The government has approved extension of Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme support to additional export sectors i.e. Advance Authorisation (AA) holders, Export Oriented Units (EOU) and Special Economic Zones (SEZ) export units.
• These 3 sectors constitute approximately 25% of India’s exports.

ABOUT RODTEP SCHEME

• The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme is a key initiative aimed at refunding various embedded taxes and duties on exported products.
• Launched in 2021
• Nodal Ministry- Ministry of Commerce and Industry
• Key sectors such as Engineering, Textiles, Chemicals, Pharmaceuticals & Food Processing and many others stand to benefit from the measure.