Amid global economic uncertainties, the industry has urged the government to extend key export-boosting scheme Remission of Duties and Taxes on Exported Products (RoDTEP) for export-oriented units (EOUs) and special economic zones (SEZs) till September-end.
DGFT issued Notification No. 39/2024-25 dated 28.10.2024 on Alignment of RoDTEP Schedule consequent to change in the First Schedule of Customs Tariff Act w.e.f 01.10.2024.
DGFT issued Public Notice No. 27/2024-25 dated 23.10.2024 prescribing the requirement of Filing of Annual RoDTEP Return (ARR).
DGFT issued Notification no. 32/2024-25 dated 30.09.2024 regarding Extension of RoDTEP scheme for exports made from DTA Units and AA/EOU/SEZ Units.
Two important export promotion measures–the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and the Interest Equalisation Scheme (IES)–are likely to be extended to help exporters retain their competitiveness in a choppy global market, sources said.
Extension of RoDTEP support to exports by unit in SEZ
The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties and Taxes on Exported Products (RoDTEP) that sometimes leads to the imposition of countervailing duties.
Office of the Commissioner of Customs (Export) Drawback Section, New Customs House, Ballard Estate, Mumbai issued a Trade Notice Suspending scroll for IGST/RoDTEP/RoSCTL/Drawback.
DGFT issued a Notification no. 70/2023 dated 08.03.2024 to extend the RoDTEP support for exports made by Advance Authorisaton holders,…
The government has decided to extend the benefits under tax remission scheme RoDTEP to export-oriented units and manufacturers in the…
