Remission of Duties and Taxes on Export Products (RODTEP) Scheme

Announced in 2020, it replaced the Merchandise Export from India Scheme (MEIS), which was not compliant with the rules of the World Trade Organisation.

• The scheme would refund to exporters the embedded central, state and local duties or taxes that were not being rebated or refunded and were, therefore, placing India’s exports at a disadvantage.
• Launched by: Ministry of Commerce & Industry

Significance: As affordable testing and certification will be made available to exporters within the country instead of relying on international organizations, Indian exporters will be able to meet the international standards for exports.

• Businesses will get access to their refunds for GST via an automatic refund-route.
• Support domestic industry, boost exports and make it more competitive in the international markets.
• Generate employment and contribute to the overall economy.
• Help in achieving our vision of building an Aatmanirbhar Bharat.