Page 51 - Craftcil Feb 2024

I mpex

This column is compiled by Consultant [EXIM Policy] of EPCH. It contains recent Public Notices, Notifications and Circulars
of DGFT, CBIC and Department of Revenue. If a handicraft exporter has question[s] to ask on
Foreign Trade Policy, he/she may please write / e-mail to EPCH at policy@epch.com

Impex # 1 RoDTEP Scheme extended earlier in September 2023 till 30.06.2024 is further
extended for export till 30.09.2024

RoDTEP extended to AA holders (except deemed exports) and DGFT has issued a notification no.
EOU units from 11.03.2024 till 30.09.2024 as per Appendix 4RE. 70/2023 dt 08.03.2024 on the subjects
mentioned above (copy reproduced
Extension of RoDTEP to SEZ units as per Appendix 4RE will take
below):
place on IT integration of SEZ with custom automated system.
The notification will benefit a large
RoDTEP rate revision in 25 HS codes also made in Appendix 4R number of exporters.

DGFT Notification No: 70/2023, Dated: 8th March 2024

Subject: Extending RoDTEP support for exports made by Advance Authorisation (AA) holders, Export Oriented
Units (EOU), Special Economic Zones (SEZ) units- reg.

S.O.1190(E). - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation)
Act, 1992 read with Para 1.02 of the Foreign Trade Policy 2023, as amended from time to time, and taking into account
the recommendations of the RoDTEP Committee Report, the Central Government hereby makes the following
amendments in the Foreign Trade Policy, 2023:
2. Para 4.55: Ineligible supplies/items/categories under the Scheme- The serial numbers (viii), (x), (xi) and (xii) of Para
4.55 of FTP 2023 are deleted with effect from 11.03.2024.
3. Serial number (vii) of Para 4.54 is amended to be read as follows:

Existing Provision Amended Provision
Under the Scheme, a rebate would be granted to eligible 'Under the Scheme, a rebate would be granted to eligible
exporters at a notified rate as a percentage of FOB value exporters at a notified rate as a percentage of FOB value
with a value cap per unit of the exported product, with a value cap per unit of the exported product,
wherever required, on export of items which are wherever required, on export of items which are
categorized under the notified 8 digit HS Code. However, categorized under the notified 8 digit HS Code. However,
for certain export items, a fixed quantum of rebate for certain export items, a fixed quantum of rebate
amount per unit may also be notified. Rates of rebate / amount per unit may also be notified. Rates of rebate /
value cap per unit under RoDTEP will be notified in value cap per unit under RoDTEP will be notified in
Appendix 4R. In addition to necessary changes which may Appendix 4R and Appendix 4RE [for exports of products
be brought in view of budget control measures as manufactured by Advance Authorisation holders (except
mentioned above, efforts would be made to review the Deemed Exports), EOU and SEZ units]. In addition to
RoDTEP rates on an annual basis and to notify them well necessary changes which may be brought in view of
in advance before the beginning of a financial year.' budget control measures as mentioned above, efforts
would be made to review the RoDTEP rates on an annual
basis and to notify them well in advance before the
beginning of a financial year.'

4. A new Para 4.59A is added to be read as follows:
For exports of products manufactured by AA holders (except Deemed Exports), EOU and SEZ units, the eligible
RoDTEP export items, rates and per unit value caps, wherever applicable, are contained in Appendix 4RE and is
available at the DGFT portal (www.dgft.gov.in) under the link >Regulations>RoDTEP'.

CRAFTCIL • February 2024 51