The commerce ministry has assured that full benefits under the export support scheme RoDTEP will be restored from April 1 this year, providing major relief to exporters facing challenges due to the West Asian crisis, FIEO said on Saturday.
Barring agri and processed food products, the government on February 23 halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme.
“Good news for exporters. The current 50 per cent RoDTEP rates are applicable only up to 31st March 2026. The full restoration of RoDTEP rates will take effect from 1st April 2026, which should provide much-needed support to the exporting community,” Federation of Indian Export Organisations (FIEO) President SC Ralhan said.
The assurance was given by the Directorate General of Foreign Trade (DGFT) in a meeting with FIEO.
The exporting community had expressed disappointment over the cut in the rates and had urged the commerce ministry to reconsider the decision.
The​The commerce ministry has assured that full benefits under the export support scheme RoDTEP will be restored from April 1 this year, providing major relief to exporters facing challenges due to the West Asian crisis, FIEO said on Saturday.
Barring agri and processed food products, the government on February 23 halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme.
“Good news for exporters. The current 50 per cent RoDTEP rates are applicable only up to 31st March 2026. The full restoration of RoDTEP rates will take effect from 1st April 2026, which should provide much-needed support to the exporting community,” Federation of Indian Export Organisations (FIEO) President SC Ralhan said.
The assurance was given by the Directorate General of Foreign Trade (DGFT) in a meeting with FIEO.
The exporting community had expressed disappointment over the cut in the rates and had urged the commerce ministry to reconsider the decision.
The ​Latest News [ SOBAN NEWS: International and National ]
