🇮🇳 India Reinstates RoDTEP Benefits for Exporters Effective June 1, 2025
🔷 Key Highlights
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RoDTEP Benefits Restored: The Government of India has reinstated the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme benefits for exporters operating under Advance Authorization (AA), Export-Oriented Units (EOUs), and Special Economic Zones (SEZs), effective June 1, 2025. m.economictimes.com+9india-briefing.com+9economictimes.indiatimes.com+9
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Financial Allocation: An allocation of ₹18,233 crore has been made under the RoDTEP scheme for the fiscal year 2025-26, covering over 10,750 product categories. m.economictimes.com+1manufacturing.economictimes.indiatimes.com+1
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Objective: The move aims to enhance India's export competitiveness by reimbursing embedded taxes and duties not refunded through other mechanisms. m.economictimes.com+7ascgroup.in+7economictimes.indiatimes.com+7
🛠️ Policy Details
| Aspect | Details |
|---|---|
| Effective Date | June 1, 2025 |
| Eligible Entities | Advance Authorization holders, EOUs, and SEZ units |
| Coverage | Over 10,750 product categories across various sectors |
| Benefit Mechanism | Refund of embedded taxes and duties via transferable e-scrips |
| Implementation Platform | Fully digital process through the ICEGATE portal |
📊 Expected Impact
| Sector | Projected Growth | Key Markets |
|---|---|---|
| Engineering Goods | +11.28% in April 2025 | USA, Germany, UAE, Singapore |
| MSME Manufacturers | Enhanced subsidy access | Middle East & ASEAN Countries |
| Digital Export Tools | Improved efficiency | All Indian Exporters |
💬 Industry Feedback
"The reinstatement of RoDTEP benefits is a strategic move to bolster India's export sector. However, a stable, long-term policy framework is essential to provide certainty to exporters."
— Global Trade Research Initiative (GTRI) m.economictimes.com+6india-briefing.com+6livemint.com+6
"This decision ensures that key contributors to India's exports are not excluded from critical incentives, especially at a time when global competitiveness and domestic industrial resilience are of utmost importance."
— ASSOCHAM manufacturing.economictimes.indiatimes.com
📌 Conclusion
The restoration of RoDTEP benefits underscores the Indian government's commitment to enhancing export competitiveness and supporting exporters amid global trade challenges. Exporters are encouraged to update their documentation and apply for the reinstated benefits through the ICEGATE portal