RoDTEP Scheme Extended: New Rates and Caps for FY 2024-25 Explained

The Government of India has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, providing a critical boost to price competitiveness in global markets. This extension ensures that exporters can continue to claim rebates on central, state, and local duties that are not otherwise refunded. As per the latest DGFT Notification No. 70/2023, the scheme has been extended to support exports through September 2024, with subsequent updates aligning it for the full fiscal year 2024-25. Exporters should note that the scheme now includes specialized sectors like SEZ and EOUs, which were previously excluded. It is vital to ensure that the RoDTEP intent is declared in every Shipping Bill during the filing process, as post-facto claims are generally not permitted. The rebate is issued as transferable electronic duty credit scrips maintained in the ICEGATE portal. ## Key points for RoDTEP compliance * **Sector Inclusion:** Verification of your specific ITC HS code against the latest Appendix 4R is essential to confirm eligibility and the applicable rate cap. * **Scrip Management:** Regularly monitor your ICEGATE ledger to ensure scrips are generated and utilized within the validity period. * **Rate Revisions:** Be aware that the government periodically reviews rates based on the embedded tax structure of specific product categories.