Secure RoDTEP Registration in
3 simple steps, you get
- Documents Review
- Expert Guidance
- Affordable & Convenient
- roDEPT Registration
Register under RoDTEP to claim tax and duty reimbursement.
Introduction
Recently introduced by the Government of India, the Remission of Duties and Taxes on Exported Products scheme is designed to replace the current Merchandise Export from India Scheme (MEIS), aligning with global trade regulations.
The RoDTEP scheme offers a novel approach, providing exporters with reimbursement for a range of duties and taxes that were previously unrecoverable. This includes state and central taxes, electricity duties, fuel used in transportation, and more. By facilitating these refunds, the RoDTEP scheme aims to enhance the competitiveness of Indian exports on the global stage, effectively lowering the overall costs associated with exporting.
Bright Accounts, will help you obtain your Remission of Duties and Taxes on Exported Products Registration in a timely and convenient manner.
Categories Under the RoDTEP Scheme
The following are the various Categories under the RoDTEP Scheme
Category A
Category A includes products like agriculture, textiles, and handicrafts.
Category B
Category B includes products with high employment generation potential, like marine products, leather, gems, and jewelry.
Category C
Category C includes products with significant potential for export growth, like engineering goods, pharmaceuticals, and chemicals.
Category D
Category D includes products with lower priority, like plastics, rubber, and ceramic.
Documents Checklist
We have compiled a detailed list of documents required to register under the RoDTEP Scheme
For Proprietorship Firm
- Export invoice
- Shipping bill
- Bill of lading
- GST return filed under GST laws
- Bank realization certificate
- Certificate of origin of the exported goods
- Any other documents as may be required by the Customs or DGFT authorities
process
Registration Process
in 3 Simple Steps
At Bright Accounts, we have simplified the entire process to obtain the RoDTEP Registraion. This makes your journey smooth, structured and easy.
- Pre-application
- We collect basic information
- Gather required documents
- Drafting & Application
- Review the GST Returns
- Apply online for RoDTEP Scheme
- Uplaod all the required documents
- Approval
- Obtain RoDTEP Registration
Once the application is approved, the exporter will receive an electronic credit scrip, which can be used to pay for customs duties and taxes.
benefits
What's Good
about RoDTEP Scheme Registration in India
Advanced Technology Integration
Employing an electronic credit ledger for input credit management and RMS for risk-based profiling of shipping bills, the RoDTEP scheme minimizes the need for physical intervention, showcasing a technologically advanced approach.
Comprehensive Sector Coverage
The RoDTEP scheme encompasses goods from all sectors, ensuring a comprehensive and uniform application across the nation's diverse export landscape.
WTO Compliance
The RoDTEP scheme adheres to WTO trade norms, distinguishing it from the MEIS scheme.
Automated Refund System
The Ministry of Finance has developed a fully automated refund module for RoDTEP, streamlining processes and reducing instances of double taxation, claims for GST tax refunds, and deemed exports. This automation brings substantial benefits to both the public and private sectors.
Why Bright Accounts
There are many reasons why clients choose Bright Accounts, but from our experience we have listed the four main reason why you should go with us.
Bright & Knowledgeable
Bright Accounts delivers high quality financial services by a team of bright and knowledgeable experts.
Always happy to help
Bright Accounts commit to provide dedicated support and assistance to our clients.
Professional & Approachable
We maintain a high level of professionalism while being easily approachable for our clients.
Easy & Quick
We focus on streamlining and simplifying the complex processes for our clients.
Frequently Asked Questions
The RoDTEP scheme covers goods from all sectors, including agriculture, engineering, pharmaceuticals, textiles, handicrafts, gems and jewellery, marine products, leather, and chemicals.
Currently, petroleum and oil sectors have been excluded from the RoDTEP scheme.
There is no limit to the RoDTEP benefit that can be claimed by exporters.
No, RoDTEP cannot be claimed in a free shipping bill. RoDTEP can only be claimed on exports where customs duties have been paid.
No, RoDTEP is not taxable. It is a refund of taxes and duties paid on inputs used in the manufacture of exported goods.
No, you cannot claim both RoDTEP and duty drawback on the same export. You can only claim one of the two schemes.
- Exporters who have not obtained an IEC.
- Exporters who are not registered on ICEGATE.
- Exporters who have not paid all applicable taxes, including GST, on the inputs used in the manufacture of the exported goods.
- Exporters who fail to file a claim for RoDTEP within six months from the date of shipment.
- Exporters who export goods that are not covered under the list of eligible products in Appendix 4R of the FTP.
The rate of incentive for RoDTEP varies depending on the product being exported. The rates are specified in Appendix 4R of the FTP. You can find the latest rates on the DGFT’s website.
Bought Together
There are many reasons why clients choose Bright Accounts, but from our experience we have listed the four main reason why you should go with us.
Facilitate Smooth Export Operations
Ensure seamless exports our LUT services. Our expertise simplifies the documentation process, ensuring compliance with export regulations.
Simplify GST Annual Returns Filing process
Let Indirect Tax experts from Bright Accounts file your annual Goods and Service Tax Returns in a timely and convenient manner.
Navigate global trade with ease
Let us handle the paperwork while you expand your business globally. Streamline your IEC registration with Bright Accounts today.