RoDTEP issues must be addressed quickly

The government has extended the existing rates for all items covered under the RoDTEP (Remission of Duties and Taxes on Exported Products) scheme for exports made till June 30, 2024. However, the remissions for the current financial year will be managed within the approved budget for the scheme, says the Commerce Ministry notification no. 33/2023 dated September 26, 2023.

The RoDTEP scheme was introduced in September 2021 for exports made with effect from January 1, 2021. The scheme intends to rebate central/state/local duties/taxes/levies that are not refunded under any other duty remission schemes. Under this scheme, rebate is granted to