New Delhi: The government decided to continue providing benefits under the RoDTEP scheme to exports from DTA units for another year until September 30, 2025. The RoDTEP scheme offers a reimbursement for taxes, duties, and levies paid by exporters during production and distribution of goods, which are not covered by any other reimbursement system at the national, state, or local level. It started in January 2021 and lasted until September 30.
The DGFT announced in a notification that the scheme for AA holders, EOUs, and SEZs has been extended until December 31 of this year. It was mentioned that the RoDTEP scheme will be expanded to cover exports from DTA units until September 30, 2025, and AA/EOU/SEZ units until December 31, 2024. It mentioned that the updated rates for the program will be implemented starting from October 10 this year, once the ICEGATE portal is updated with the new rates.
Registering with ICEGATE is required before submitting any customs-related paperwork, such as bill of entry and shipping bills, online. During FY23, the program aided exports valued at USD 450 billion, with an expenditure of Rs 13,020 crore. During 2021-22, exports received support worth USD 421 billion, costing Rs 12,100 crore. The tax refund rate varies from 0.5 pc to 4.3 pc of the product's value in the program.
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