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Remission of Duties and Taxes on Exported Products In India

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roDTEP- An Overview

  • RoDTEP, or Remission of Duties and Taxes on Exported Products, is a new scheme introduced by the Indian government to replace the existing Merchandise Exports from India Scheme (MEIS). It aims to provide a level playing field to exporters by reimbursing the taxes and duties incurred by them in the production and distribution of exported goods. RoDTEP covers a wide range of products and applies to all exporters, including small and medium enterprises (SMEs). The scheme has been designed to enhance the competitiveness of Indian exporters in the global market and promote the growth of the country’s exports.

What is RoDTEP Scheme?

  • RoDTEP Scheme stands for Remission of Duties and Taxes on Exported Products. It is a new scheme launched by the Government of India to replace the existing Merchandise Export from India Scheme (MEIS), which must be found to be compliant with global trade rules.

Under the RoDTEP scheme, exporters will be reimbursed for various duties and taxes not currently being refunded, such as state and central taxes, electricity duties, fuel used in transportation, and more. This will help make Indian exports more competitive in global markets by reducing the overall cost of exporting.

The RoDTEP scheme is expected to come into effect on 1 January 2021. It will be available to all eligible exporters in the country. It is expected to provide significant relief to exporters facing financial challenges due to the COVID-19 pandemic. It will help boost India’s overall exports.

Benefits of RoDTEP Scheme

WTO Compliant

RoDTEP scheme is in compliance with WTO trade norms, unlike the MEIS scheme.

Technologically Advanced

RoDTEP scheme uses an electronic credit ledger for maintaining input credits and RMS for risk-based profiling of shipping bills, reducing the need for physical intervention.

Multi-Sectoral

The RoDTEP scheme applies to goods from all sectors, ensuring uniformity in the country’s exports.

Fully Automated Refund Module

The Ministry of Finance has created a fully automated refund module for RoDTEP, which will reduce double taxation and claims for GST tax refunds and deemed exports. This will benefit both the public and private sectors.

Procedure to Apply for RoDTEP Scheme Online

  • Register on the DGFT website (https://dgft.gov.in).
  • Click the ‘Services’ tab and select ‘RoDTEP’ from the dropdown menu.
  • Click on ‘Apply for RoDTEP’.
  • Fill in the application form with the required details, such as the exporter’s name, address, contact information, and export product details.
  • Upload the relevant documents, such as export invoices, shipping bills, and bills of lading.
  • Submit the application form and documents.
  • Once the application is approved, the exporter will receive an electronic credit scrip, which can be used to pay for customs duties and taxes.

 

Documents required for RoDTEP Scheme

  • Export invoice
  • Shipping bill
  • Bill of lading
  • GST return filed under GST laws
  • Bank realisation certificate
  • Certificate of origin of the exported goods
  • Any other documents as may be required by the Customs or DGFT authorities

Eligibility for RoDTEP Scheme

  • Both manufacturer and merchant exporters (traders) are eligible for the benefits of the RoDTEP scheme
  • There is no turnover threshold required to claim RoDTEP benefits
  • Re-exported products are not eligible for benefits under this scheme
  • The exported products must have India listed as the country of origin to be eligible for the RoDTEP scheme
  • Special Economic Zone and Export Oriented Units are also eligible for benefits under this scheme
  • The RoDTEP scheme also applies to goods exported via courier through e-commerce platforms.

Timeline

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  • You Need to fill up the draft, Make Payment and Submit Documents to Khata Dekho
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  • Once the Documents are uploaded we’ll start the step -by-step process of Incorporation

Frequently Asked Questions (FAQs)

The rates for the RoDTEP scheme have not been notified yet by the Indian government.
The RoDTEP scheme covers goods from all sectors, including agriculture, engineering, pharmaceuticals, textiles, handicrafts, gems and jewellery, marine products, leather, and chemicals.
Currently, petroleum and oil sectors have been excluded from the RoDTEP scheme.
The RoDTEP scheme will be in effect until the Foreign Trade Policy (2015-2020) expires, that is until 31 March, 2022.
There is no limit to the RoDTEP benefit that can be claimed by exporters.
Yes, the RoDTEP scrips would be transferable to any other person or company as per the guidelines issued by the Directorate General of Foreign Trade (DGFT).
 

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