Government invites data from exporters for RoDTEP scheme

 

The Union Cabinet had approved a scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to boost exports and employment generation in various sectors in March 2020. It was announced that as and when the rates under the RoDTEP scheme were announced for a tariff line/item, the benefits under the Merchandise Export from India Scheme (MEIS) on such tariff line/item shall be discontinued.

The government has now formed a RoDTEP Committee that has been tasked to determine the rates of refund for items covered under the scheme.

In this regard, the government has requested members of trade, Export Promotion Councils (EPCs) and industry associations that are involved in export of certain items to submit data for their respective export items. This will enable the RoDTEP Committee to work out suitable rates for these export items.

Data for export items falling under following chapters of the Customs Tariff Act, 1975 is required to be submitted:

Chapter 86	Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds
Chapter 88	Aircraft, spacecraft, and parts thereof
Chapter 89	Ships, boats and floating structures

The format has been hosted on the official website and can be accessed by clicking here. The filed form is required to be sent via email at atreyee.devroy@gov.in and shakti.singh1981@gov.in.

It has been stated that in absence of such data, the rates for these items under the RoDTEP scheme may not be notified.