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All about Remission of Duties and Taxes on Exported Products (RoDTEP)

CA. Heet Shah , Last updated: 22 March 2023  
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RoDTEP stands for Remission of Duties and Taxes on Exported Products. It is a new scheme that has been introduced by the Government of India to replace the earlier Merchandise Exports from India Scheme (MEIS) for exporters. The RoDTEP scheme is aimed at reimbursing the taxes and duties that are levied at the central, state, and local levels, and are not refunded currently, on the export of goods from India.

The main objective of RoDTEP is to boost the competitiveness of Indian exports by reducing the cost of exported products. Under the RoDTEP scheme, eligible exporters will be provided with a refund of the various taxes and duties paid by them, which will help to make their products more competitive in the international market.

All about Remission of Duties and Taxes on Exported Products (RoDTEP)

Procedure to avail RoDTEP

1. Register on the RoDTEP portal

The exporter needs to register on the RoDTEP portal to avail of the benefits of the scheme.

2. Submit documents

The exporter needs to submit the required documents such as shipping bills, invoices, etc., to the concerned authorities to claim the RoDTEP benefits.

 

3. Verification and approval

The documents submitted by the exporter will be verified by the authorities to determine the eligibility of the exporter for the RoDTEP scheme. Once the documents are approved, the RoDTEP benefit will be provided to the exporter.

 

4. Claim the refund

The eligible exporter can claim the refund of the taxes and duties paid on the exported goods. The refund will be provided directly to the bank account of the exporter.

The RoDTEP scheme is being implemented in a phased manner, and the rates of RoDTEP are being notified for various product categories. Exporters can check the RoDTEP rates applicable to their product category on the RoDTEP portal.

In conclusion, RoDTEP is a new scheme aimed at promoting exports from India by reimbursing the various taxes and duties paid by exporters. The procedure to avail RoDTEP involves registration on the RoDTEP portal, submission of documents, verification, and approval of documents, and claiming the refund of taxes and duties paid. Exporters must ensure compliance with the RoDTEP provisions to avail of the benefits of the scheme.


Published by

CA. Heet Shah
(Tax Consultant & Practitioner)
Category GST   Report

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