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GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 23rd September, 2021 Notifications No. 76/2021- Customs (N.T.) G.S.R. 655(E). -In exercise of the powers conferred by sub-section (1) of section 51B of the Customs Act, 1962 (52 of 1962) (hereinafter referred t
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FAQ :
The RoDTEP Scheme, or Scheme for Remission of Duties and Taxes on Exported Products, allows for the remission of duties and taxes on goods manufactured or processed in India that are then exported.
Exporters must make a declaration at the item level in their shipping bill or bill of export through the customs automated system. The claim must be made for goods notified in Appendix 4R of the Foreign Trade Policy and processed on or after January 1, 2021.
Duty credit is issued in lieu of remission of duties/taxes not covered by other schemes, against specified exported goods, claimed via the customs automated system, and allowed by Customs after necessary checks. It's also subject to the realisation of sale proceeds and imports/exports being processed electronically.
No, the duty credit can only be used for payment of customs duty on goods when imported into India, as per the First Schedule to the Customs Tariff Act, 1975.
Yes, certain export categories are ineligible, including restricted or prohibited goods, export of imported goods, exports through trans-shipment, goods subject to minimum export price or export duty, deemed exports, and goods manufactured or exported by units in SEZs, EOU, etc.
If sale proceeds are not realised within the period allowed by the Foreign Exchange Management Act, 1999 (or any extension granted by the RBI), the duty credit must be repaid by the exporter along with interest. Failure to do so means the credit is deemed never to have been allowed and will be recovered.
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Notification No : 76/2021- Customs (N.T.)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt76-2021.pdf