It may be recalled that from 1st January 2021, a New Scheme Called Remission of Duties and Taxes on Exported Producted (RoDTEP) came in to exsistance.
The rates were decided by the RoDTEP Committee and a 1st list of RoDTEP rates vide Appendix 4R were annouced on 17.08.2021.
It must be noted that not all products / HSN are covered under this Scheme.
Subsequently, on 07.12.2022 vide Notification No. 47/2015-2020 additional HSN codes espcially from chapter nos. 28,29,30 & 73 were added in RoDTEP Appendix 4R.
However, the Notifcation stated that theses benefit would be provided for exports from 15.12.2022 to 30.09.2023 only.
Now, DGFT vide Notificaiton No. 33/2023 Dated 26.09.2023 has extended the said RoDTEP benefits on all items covered under RoDTEP from 01.10.2023 to 30.06.2024.
The Notificaiton can be donwloaded from the link below:
https://content.dgft.gov.in/Website/dgftprod/4abb1a55-715c-49a3-8434-6d537dbcdb83/Notification%20No.%2033%20dated%2026%20Sep%202023%20English.pdf
This exetension is subject to budgetary framework under para 4.54 of FTP2023.
It must also be noted that there are still many ineligible supplies / items and categories of exports which are not entitled for RoDTEP Scheme. Para 4.55 of FTP 2023 may be referred.
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