RoDTEP: Duty Rebate for Raw Materials
Home> RoDTEP: Duty Rebate for Raw Materials

Remission of Duties or Taxes on Export Product :

In a bid to boost India’s exports and make its products globally competitive, the Government of India has introduced the Remission of Duties and Taxes on Exported Products (RODTEP) scheme. RODTEP aims to replace the previous Merchandise Exports from India Scheme (MEIS) and provide comprehensive export benefits to eligible exporters. However, navigating the intricacies of the RODTEP scheme can be challenging. That’s where our expertise at Andees specializing in RODTEP can provide valuable assistance. This article aims to explore the benefits of our RODTEP consultancy services and how they can help businesses maximize their export benefits.

What is RODTEP Scheme?

The RODTEP scheme provides exporters with a refund of various taxes and duties that are not being rebated or refunded under any other existing schemes. It covers the export of goods, including manufactured goods, products of agriculture, animal husbandry, and certain specified services. RODTEP aims to promote the “Make in India” initiative by making Indian products more competitive in the global market.

How to get RODTEP Benefits?

To get the benefits of the RODTEP scheme, our key recommendations are as follows :

  • Engage Early: Businesses should check the rodtep rates at the earliest stage of export planning to ensure a comprehensive understanding of the scheme’s requirements and potential benefits.
  • Complete Documentation: Maintaining accurate records and submitting complete documentation is vital for claiming RODTEP benefits. Andees can help businesses establish efficient record-keeping systems and ensure all necessary documents are in order.
  • Strategic Planning: Andees can assist businesses in aligning their export strategies with the scheme’s guidelines. By analyzing products, supply chains, and manufacturing processes, our experts can identify opportunities to enhance benefits.
  • Compliance and Audit Readiness: Andees can help businesses ensure compliance with all relevant regulations and be prepared for audits. This includes maintaining necessary records, conducting internal audits, and implementing robust compliance procedures.
  • Monitoring and Updates: Andees provide regular updates on changes to the scheme, allowing businesses to adapt their export strategies accordingly. Staying informed about evolving guidelines and eligible products is essential for maximizing benefits.

Our services offered for availing RODTEP benefits :

Navigating the complex regulations and procedures associated with the RODTEP scheme requires in-depth knowledge and expertise. Our consultancy services for RODTEP play a crucial role in assisting exporters in understanding the scheme’s intricacies, determining eligibility, and maximizing their benefits. Here are some key reasons why businesses should consider our RODTEP consultancy services:

  • Expert Guidance: We at Andees possess comprehensive knowledge of the scheme, its eligibility criteria, and the intricacies of the application process. Here the exporters can avail guidance for the entire process, ensuring compliance with regulations and maximizing the benefits.
  • Eligibility Assessment: Our services can help businesses assess their eligibility for the RODTEP scheme. We analyze export products, supply chains, and relevant documentation to determine whether the exporter qualifies for RODTEP benefits.
  • Documentation and Compliance: The RODTEP scheme requires exporters to maintain accurate records and submit various documents to claim benefits. Our team at Andees can assist in organizing and preparing the necessary documentation, ensuring compliance with the scheme’s requirements.
  • Benefits Optimization: We analyze the exporter’s business model and identify opportunities for maximizing RODTEP benefits and suggest strategies to optimize the refund amount by aligning export activities with the scheme’s guidelines.

The RODTEP scheme presents a significant opportunity for Indian exporters to enhance their competitiveness and boost exports. However, understanding the scheme’s intricacies and navigating the application process can be challenging. Engaging our services specializing in RODTEP can provide businesses with expert guidance, eligibility assessment, compliance assistance, and benefit optimization. By leveraging the expertise of Andees, exporters can streamline their operations, maximize benefits, and contribute to India’s overall economic growth in the global marketplace.

Related Notifications

Notification No: 33 /2023Custom Notification No. 75 (2021)Custom Notification No. 76 (2021)
Notification No. 19/2015-20


Role of Andees Team

Andees team has been assisting clients for the whole process of Rodtep / Drawback for the last more than 20 years. Since the team is Tech-Savvy, we maintained all the data on cloud and give real time update on their work to the client with softwares. Sound knowledge of Policy & Procedures along with a very qualified and experienced team, Andees has handled complicated matters related to Drawback, saving crores for clients that are MNCs, Indian Corporates, or PSUs. While proper planning during the entire life cycle has helped smooth operations, several complicated matters even at the last stage have been saved by Andees team from substantial liabilities.

© 2019 Andees Consultant. All Rights Reserved.

error: Content is protected !!