Business Standard

Govt notifies processes for granting RoDTEP duty credits

An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration

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TNC Rajagopalan
The Finance Ministry has notified the Electronic Duty Credit Ledger Regulations, 2021 and the processes for grant as well as suspension and cancellation of duty credits against goods exported under Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. A circular has been issued clarifying the processes.
 
The Commerce Ministry had notified the scheme and the RoDTEP rates five weeks earlier. In January this year, the Customs electronic portal had issued an advisory and step by step guide for the users to create a RoDTEP credit ledger account, generate e-scrips and transfer the e-scrips to any other holder
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