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Context:
Government Restores RoDTEP Scheme Benefits for AA, EOU, and SEZ Units.
Key Announcement
- Policy Change: Restoration of RoDTEP (Remission of Duties and Taxes on Exported Products) scheme benefits
- Beneficiaries:
- Advance Authorisation (AA) holders
- Export-Oriented Units (EOUs)
- Special Economic Zone (SEZ) units
Background
- RoDTEP Scheme Launch: 2021
- Objective: Reimburse exporters for embedded central/state/local duties, taxes, and levies not refunded under any other scheme.
- Scheme Suspension: Benefits to AA, EOU, and SEZ units were discontinued on February 5, 2025.
- Industry Demand: Export bodies, led by FIEO, strongly lobbied for reinstatement citing competitiveness concerns.
Impact on Export Ecosystem
- Boost to Export Competitiveness: Enhances India’s ability to price exports more competitively in global markets.
- Encouragement for High-Value Sectors: Particularly beneficial for sectors operating under AA, EOU, and SEZ regimes such as pharmaceuticals, engineering goods, electronics, and textiles.
- Promotes Policy Continuity: Signals a commitment to consistent and predictable trade policy.
