RoDTEP Scheme Rates Benefits - Afleo

Description: Learn about the RoDTEP Scheme, RoDTEP rates, and eligibility. Explore comprehensive details on RoDTEP Scheme rates and benefits. The RoDTEP Scheme came into existence because the USA filed a complaint against India at the World Trade Organization (WTO). USA argued that export subsidies like the MEIS scheme given by GOI give undue benefits to Indian exporters and it is against the WTO rules. Consequently, India lost the case at WTO, and the ruling was in favor of the USA. It meant that now India had to stop the MEIS scheme and come up with a new WTO-compliant scheme to help Indian exporters. Hence, the Finance Minister in her Budget Speech on 1st February 2020 announced that the Scheme for Remission of duties and taxes on export products would be launched.

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