RoDTEP Scheme

RoDTEP is a new scheme to replace the existing MEIS scheme for exports of goods from India, which aims to reimburse the taxes and duties incurred by exporters such as local taxes, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not exempted or refunded under any other existing scheme. It is a scheme for exporters to make Indian products cost-competitive and create a level playing field for them in the global market.

In continuation of the above, the Ministry of Finance has recently issued a Press Release dated 31 December 2020 to give a quick start to the new scheme from 1 January 2021.

The press note states that Necessary changes in the System have been made to accept and process RoDTEP claims.

Full Text of the Press Release is attached herewith.RoDTEP Scheme