Rationalisation of RoDTEP Rates – Immediate Reduction to 50%

Rationalisation of RoDTEP Rates – Immediate Reduction to 50%

In accordance with the powers vested under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with Para 1.02 of the Foreign Trade Policy 2023 (as amended from time to time), the Central Government hereby announces the following modification under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme:

1. Revision of RoDTEP Rates

With immediate effect, the RoDTEP rates applicable to all HS codes listed under Appendix 4R and Appendix 4RE shall be reduced to 50% of the currently notified rates. Wherever value caps are prescribed, such caps shall also stand revised to 50% of the existing notified limits.

2. Impact of the Revision

Accordingly, exporters will be eligible to claim RoDTEP benefits at half of the previously notified rates and value caps, effective immediately.

This notification has been issued with the approval of the Hon’ble Minister of Commerce & Industry.

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