RODTEP Scheme
The RODTEP Scheme, introduced by the Government of India, aims to boost exports by reimbursing exporters for the embedded taxes and duties that were previously non-recoverable. This scheme ensures that Indian exporters remain competitive in the global market by providing a level playing field. Effective from January 1, 2021, RODTEP replaces the earlier MEIS (Merchandise Exports from India Scheme) and aligns India’s export incentive framework with World Trade Organization (WTO) norms.
Key Objectives
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Offset the non-creditable taxes and levies on exported goods.
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Improve the cost-competitiveness of Indian products in the global market.
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Promote transparency and digital processing through a fully IT-enabled system.
Features of the RODTEP Scheme
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Reimbursement of Duties: Covers Central, State, and local duties that are not refunded under any other mechanism.
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Automated Claim Process: Seamlessly integrated with the shipping bill process via ICEGATE for ease of access and reduced human intervention.
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Refund via Transferable Duty Credit Scrips: The refund is issued in the form of duty credit scrips that are transferable and can be used to pay certain import duties.
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Broad Coverage: Applies to all sectors and exporters, including previously excluded segments under MEIS such as SEZ units and EOUs.
Eligibility Criteria
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All exporters of goods are eligible, including manufacturers and merchant exporters.
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The product must be covered under the notified RODTEP rates.
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Export transactions must be made through Customs (electronic shipping bills) with the RODTEP claim indicated.
Documentation Required
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Shipping Bills with RODTEP declaration.
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Export invoices.
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Registration on ICEGATE portal.
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Bank account and IEC code linked with ICEGATE.
How We Can Help
Navigating government schemes can be complex. Our team offers end-to-end support to help you:
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Evaluate your product’s eligibility and applicable rates.
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Ensure compliant documentation and timely filings.
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Monitor the RODTEP claim status and resolve discrepancies.
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Guide you on scrip usage and tracking through the ICEGATE system.
Get in Touch
Maximize your export benefits with expert guidance on the RODTEP Scheme. Contact us today to ensure your business leverages the full potential of this government initiative.