In September 2019, Hon'able Finance Minister Nirmala
Sitharaman had announced the introduction of the Remission of
Duties or Taxes on Export Products (RoDTEP) scheme for Indian
exporters to boost Indian exports.
With effect from 1 January 2021, the erstwhile Merchandise
Export from India Scheme (MEIS) was discontinued and replaced by
the RoDTEP scheme. The exporters were instructed to declare their
intent to claim the RoDTEP rebate in shipping bills filed w.e.f 1
January 2021. However, the scheme has been inactive for the last
eight months due to the unavailability of rates and guidelines. The
exporters were eagerly waiting to quantify their benefits and
understand the procedure to claim the same.
