The Department of Commerce through circular dated 17 August 2021 has introduced a Scheme for Remission of Duties and Taxes on Exported Products(RoDTEP). The object of the scheme is to refund the un-refunded:
- Duties and Taxes levied on exported products by central, state or local governments.
- Prior stage cumulative indirect tax levied on goods and services used for production of export goods.
- Indirect taxes/duties and levies paid for distribution of export products.
The rebate shall be subject to compliance with time limit for receipt of sale proceeds provided under the FEMA.