RoDTEP scheme

Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, which was notified recently by the Central Government, will refund various central and state duties, taxes and levies imposed on input products and others to exporters. Applicable since January 1 this year, the scheme replaces the Merchandise Exports from India Scheme (MEIS).
The Central Government recently announced the rates of tax refunds under the RoDTEP scheme for 8,555 products. This ?12,454 crore scheme will boost exports from India while complying with the WTO norms. However, it does not provide the benefit for steel, chemical and pharmaceuticals as they remain globally competitive even without government assistance.

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