RoDTEP scheme extension likely for exporters as September 30 deadline nears
Economic Times 1 hr ago·29 Sept 2026, 2:28 pm
The Indian government is reportedly considering extending the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. This move comes as the current deadline for the scheme approaches, aiming to provide a crucial lifeline to the export sector. The initiative is designed to reimburse exporters for embedded taxes that were previously not covered by other refund mechanisms, such as the Merchandise Exports from India Scheme (MEIS).
This policy shift is significant for investors as it directly impacts the cost competitiveness of Indian goods in the global market. By reducing the effective tax burden, the extension could potentially boost export volumes and improve the financial performance of export-oriented companies. It also signals the government's continued focus on supporting the manufacturing and trade sectors amidst global economic headwinds.
Investors should monitor the official announcement from the finance ministry to confirm the extension and any specific details regarding the timeline. The outcome of this consultation will be a key factor in assessing the near-term sentiment for the broader market and export-heavy industries.
Excerpt from Economic Times
The government plans to extend the Remission of Duties and Taxes on Exported Products scheme to support exporters. This initiative aims to provide refunds for various embedded taxes, which could otherwise raise costs for Indian goods abroad. The commerce ministry is consulting with the finance ministry regarding the…Read the original at Economic Times
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