Finance

Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)

Launch Date: 1st January 2021

Nodal Agency : Ministry of Finance

  • Objectives: To boost exports i.e., enhancing Exports to International Markets.
  • Target Groups: Export Industry

Key Features/Guidelines

  • This scheme is applicable on all export goods with effect from 1st January, 2021.
  • This scheme is WTO-compliant and it replaces erstwhile Merchandise Export from India Scheme (MEIS) and Rebate of State and Central Taxes and Levies (RoSCTL).
  • MEIS: It was essentially an incentive scheme, where exporters receive duty credit scrips for a percentage of the value of the ....
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