CBIC notifies the manner to issue duty credit for goods exported under the Scheme for RoDTEP

Last updated: 04 October 2021

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The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification outlining the procedure for issuing duty credit under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. This scheme provides duty credit for goods exported from India, subject to specific conditions and restrictions. The notification details how exporters can claim this credit, the eligible goods, and the process for its use and recovery.

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 the Scheme for Remission of Duties and Taxes on Exported Products, allows for the issuance of duty credit for goods exported from India.

Exporters can claim duty credit by providing a declaration at the item level in their shipping bill or bill of export through the customs automated system, for goods exported on or after January 1, 2021.

Duty credit is issued for duties or taxes on materials used in exported goods, provided these are not covered by other schemes. The credit is based on goods notified in Appendix 4R of the FTP, with the value capped at the declared FOB value or 1.5 times the market price, whichever is less.

The duty credit can be used to pay customs duties on goods imported into India.

Yes, certain categories are ineligible, including restricted or prohibited goods, export of imported goods, exports through trans-shipment, goods subject to minimum export price or duty, deemed exports, and goods manufactured or exported by units in SEZs, EOU, etc.

If export proceeds are not realised within the period allowed by the Foreign Exchange Management Act, 1999 (or its extension), the exporter must repay the duty credit amount along with interest. Failure to do so will result in recovery as per customs law.

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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

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