What is RODTEP Scheme ? Rates, Product List, Benefits & Details @ icegate.gov.in

RoDTEP Scheme:- The Government of India formally unveiled the RoDTEP Scheme on February 13, 2020, in a press release.

RoDTEP is part of a major corridor for raising exports, trade and government revenue in India. The Modi government doubled duty-free exports for six months (from 12 months) before launching the scheme.

The MEIS (Export of Goods from India Scheme) and the ROD/VAT Exemption Scheme, which were earlier available to exporters in various categories, have been expanded but these are now treated as one item each.

What is RoDTEP Scheme ?

The Export Duties and Duties, or RoDTEP Scheme, is the latest initiative of the Government of India to better assist exporters The old MEIS Scheme replaced it on January 1, 2021, date of execution previously formally announced in the press .

The main objective of the program is to compensate all exporters for previously unavailable duties and taxes. This encourages international trade and gives exporters an added advantage for exports outside India.

Simplicity The scheme is particularly beneficial for small and medium enterprises in terms of recovery of export and import substitute investments. While the processing time increases from 10 days to 1 month, the system is also beneficial for exporters. This system allows for the saving of taxes and duties on the export of goods and services.

RoDTEP Scheme Details in Highlights

Name	RoDTEP Scheme
Initiated by	The Government of India
Introduced on	January 13, 2020
Objective	to boost exports, trade, and government revenue in India
Official Website	https://www.icegate.gov.in/

RoDTEP Scheme Objectives

• The plan aims to repay the currently unpaid bills
• Federal, state and local taxes, duties and taxes on the exported product, including any accumulated indirect taxes paid in the previous step on goods and services used in its manufacture in the 19th century
• These duties, taxes and indirect taxes are associated with the sale of export goods.
• Refunds under the Plan do not apply to fees and taxes previously waived, remitted or credited.

Features and Benefits of the RoDTEP Scheme

• The RoDTEP system is suitable for all projects.
• This includes all central, state and municipal taxes and fees with no other provisions. RoDTEP now includes features previously available under MEIS and RoSCTL.
• Exporters will receive a refund in the form of an electronic check or transferable tax credit, which will be recorded in an electronic spreadsheet.
• It can be used to import goods for a small amount of customs duty. Other importers may also get credit.
• An audit and audit system with an IT-based risk management system that will ensure the physical authenticity of exporters’ records will enable faster validation through digital means

Relevance of RoDTEP

The Government of India launched the RoDTEP program to increase exports and related investments. This is reflected by government grants and registration with the Indian Commerce Department.

The new program has replaced the MEIS and the VAT Remission Scheme, which are widely used by exporters. The new approach will facilitate trade by enabling exporters to negotiate export-related tax benefits more effectively and comprehensively.

RoDTEP Scheme Eligibility Criteria

• This policy applies to all businesses. Areas requiring more labor will be given preferential treatment
• There is no minimum requirement to qualify for benefits under the scheme.
• The program is open to manufacturers and exporters and export traders (traders).
• India must be a country of origin to benefit from the export policy.
• This policy applies to shipments via online shopping cart.
• Groups in special economic zones and export-focused groups are welcome.

Required Documents for RoDTEP Scheme  

• Shipping Bills
• Digital Signature Certificate (DSC) – Class 3
• Electronic Bank Realization Certificate (eBRC)
• Registration cum Membership Certificate (RCMC)

RoDTEP Scheme Rates

A committee of Defects Division of Revenue Department, DoC and DGFT, with appropriate representation of line ministries and experts will decide the ceiling rates under the scheme for priority areas of Commerce and Revenue departments.

The Ministry of Finance will work in conjunction with the Department of Commerce (DoC) to finalize the overall budget/expenditure for the RoDTEP program, and consider all relevant changes.

Tax Refund Rates

For exports falling under the notified 8-digit HS Code, eligible exporters under the scheme are given a rebate at the price advertised as FOB the percentage of the value multiplied by the price per unit value of the export item, where applicable. Specific refunds per unit may also be declared for certain exports. In accordance with Annex 4R, discounts and prices per unit shall be determined under RoDTEP.

Supplies, Items, and Categories that are Ineligible for the Scheme

• Import export under FTP Article 2.46
• Exports that can meet minimum export prices or excise duties
• They are exported by cross-shipment, or from a third country but trans-shipment via India
• Items listed as prohibited for export in Schedule 2 of the ITC (HS) Export Policy
• Export restrictions under Schedule 2 of the ITC (HS) Export Policy
• It is considered an export
• Products produced by DTA units are allocated to SEZ/FTWZ units.
• EHTP and BTP products
• Warehouse transactions under section 65 of the Customs Act of 1962 (52 of 1962).
• Manufacturing or exporting goods in fulfillment of export obligations pursuant to prior special licenses, duty-free import licenses, or duty-free prior licenses under the relevant provisions
• Goods manufactured or exported by any firm located in an independent retail location, export manufacturing facility, or specialized financial center
• Manufacturing or exporting goods from a premises licensed as an export full unit (EOU) under the External Trade Scheme
• Exports for which no ICEGATE EDI electronic document has been generated or exported from non-EDI ports
• Items covered by Notification No. 32/1997-Customs issued on 1 April of that year and manufactured or exported.
• Measures used since the development of the RoDTEP Planning Code

Steps to Apply for RoDTEP Scheme

• First of all, visit the official website of ICE Gate ie. https://www.icegate.gov.in/.
• The homepage of the website will open n screen

• Steps to request the RoDTEP program
• Then, fill the application with Class 3 Individual type Digital Signature Certificate
• Then, add all the required documents
• Finally, submit the application

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