RoDTEP Scheme

  • Recently, the government extended export benefits under the RoDTEP (Remission of Duties and Taxes on Exported Products) scheme till June 2024. It was introduced in 2021 under the Ministry of Commerce and Industry.
  • It is a replacement for the Merchandise Exports from India Scheme (MEIS) for export incentives.
  • The scheme provides for refund of taxes, duties, and levies incurred by exporters during manufacturing and distribution of goods.
  • It should not be reimbursed under any other mechanism at the centre, state, or local level.
  • It is based on the globally accepted principle that taxes and duties should not be exported, and ....
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