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  • Financial Express

What’s RoDTEP scheme for exports, how to apply, what are the benefits? Here’s all you need to know

Trade, import and export for MSMEs: RoDTEP (Remission of Duties and Taxes on Exported Products) scheme by the government stems from the fact that the taxes and duties borne on the products exported should be exempted or remitted to exporters. The scheme was notified in August 2021 to boost exports via relief to exporters on taxes and duties and had replaced the Merchandise Exports from India Scheme (MEIS) after India’s export subsidy schemes were challenged by the US in the World Trade Organisation (WTO) which ruled that such schemes violated provisions of the global trade body’s norms.

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