Overview
- The Directorate General of Foreign Trade confirmed on September 30 that the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will continue through December 31, 2026, with existing rates and value caps unchanged.
- The extension keeps continuity for exporters in Domestic Tariff Areas, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units who receive refunds for embedded central, state and local levies.
- Officials and media reports say the commerce and finance ministries are reviewing a separate plan to raise combined RoDTEP and RoSCTL outlays to roughly ₹2 trillion over five years to reduce ad hoc cuts and give predictable support.
- Supporters say predictable, larger multi-year funding would ease exporters’ liquidity pressures, prevent interim rate cuts that undermine contract pricing, and could restore coverage for sectors currently limited by budget constraints.
- RoDTEP was created in 2021 to refund taxes not covered by other mechanisms so exports remain price-competitive, and any Cabinet decision on the multi-year proposal is expected in the coming weeks and will shape export policy beyond the December extension.