2 months ago
1
The Directorate General of Foreign Trade (DGFT) has restored the implicit benefits provided to exporters nether the Remission of Duties and Taxes connected Exported Products (RoDTEP) scheme.
In a notification dated March 23, 2026, the DGFT said the rates and values that were applicable connected February 22 this twelvemonth and were reduced by 50 % are present being restored to earlier levels.
According to the GTRI, portion the DGFT determination is welcome, the archetypal simplification was hard to warrant arsenic RoDTEP is not a subsidy. It is simply refund of taxes that the exporters person paid. For exporters operating connected choky margins, unchangeable incentives are captious for pricing and semipermanent planning. Locking successful RoDTEP rates for the adjacent 5 years volition supply that certainty.
