Regulatory Relief – Government Extends RoDTEP Benefits to Stabilize Export Revenues

Published

The Directorate General of Foreign Trade (DGFT) has announced an extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to provide much-needed support to the export community. This move is intended to offset the various hidden taxes and levies that exporters incur during the manufacturing process, making Indian goods more price-competitive in the global market. Additionally, a new digital customs portal is being tested to reduce physical intervention and expedite the clearance of EXIM cargo. These regulatory measures are aimed at providing a stable policy environment, helping India stay on track to achieve its ambitious $1 trillion merchandise export target by 2030.

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