Page 14 - Craftcil Mar 2024

impex

3. RoDTEP rate revision in 25 HS codes are being made in appendix 4RE.
4. RoDTEP scheme extended earlier in September 2023 till 30.06.2024 in being further extended for exports till 30.09.2024.

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

5. (a) In line with serial number (x) of Para 4.54, the implementation date/period for exports under Appendix 4RE is
being notified for exports of products manufactured by Advance Authorisation holders (except Deemed Exports)
and Export Oriented Units (EOUs) from 11.03.2024 till 30.09.2024 only.
(b) The RoDTEP implementation for exports of products manufactured by SEZ units will happen once the IT
integration of SEZ units with Customs Automated System (ICEGATE) takes place, which is expected to be

14 CRAFTCIL • March 2024