India Revives Export Incentive Scheme

  Published 1 year ago

India is reinstating the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme from June 1st to boost export competitiveness across key sectors like textiles and pharmaceuticals. The scheme, paused for review, previously disbursed over $7 billion.

  • RoDTEP reimburses exporters for embedded costs.
  • The scheme aims for transparency via a digital platform.
  • Reinstatement follows trade deals with the UK and the pursuit of a US deal.

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