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No question of roll back of RoDTEP scheme says Govt
Mr.G.Chandrasekar Jan 24 2024 Exim & Trade News

No question of roll back of RoDTEP scheme says Govt

India has made it clear to the United States that it would not roll back the implementation of its popular scheme to encourage Exports from the country, despite Washington imposing anti subsidy duties on Indian exporters availing the scheme.

 

There are no plans of revising the popular Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exporters, despite the US government imposing anti-subsidy duties

 

The problem was not with the WTO compatibility of the scheme but with the inability of the Indian exporters to provide adequate documents to the US investigating teams, official sources quoted by the media reports.

 

Directorate General of Foreign Trade and DGTR are now working on familiarizing Exporters with the entire process of documentation so that they can establish that the RoDTEP payments are in lieu of input taxes not remitted under any other scheme and were not export subsidies. 

 

RoDTEP is a remission scheme and is fully WTO compliant. This should be made

clear to the US teams coming to investigate the issue the official clarified