Dear Members,

We would like to inform you  that  Department of Revenue, Ministry of Finance (MOF)  has issued Notification No. 76/2021-Customs (N.T.)  &   Notification No. 75/2021-Customs (N.T.)   both  dated 23rd  September, 2021 regarding manner to issue duty credit for goods exported under the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)/  and  Electronic Duty Credit Ledger Regulations, 2021, respectively.

As you are aware, Remission of Duties or Taxes on Export Products (RoDTEP) was introduced for the exporters to make Indian products cost-competitive in the Global Market by Refund un-refunded Taxes or Duties/Levies, not Exempted or Rebated at Present by any other Mechanism.

Government had earlier  Issued an Advisory on 1st Jan’2021, to implement the Scheme effective from 1st Jan’2021 and allowed the exporters to claim in the Shipping Bill, even though Rates were not announced. 

Subsequently the Rates as per Appendix– 4R of Hand Book of Procedures were announced by DGFT vide: Notification 19/2015-2020, dated 17th Aug’ 2021 for various sectors (excluding organic and inorganic chemicals for which we have already sent  representations to Government).

Now, DoR has issued following  detailed notifications regarding the manner to issue duty credit for goods exported under the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)/  Electronic Duty Credit Ledger Regulations, 2021:

Members are requested to carefully go through above notifications about RoDTEP to understand the exclusions, various modalities etc and do the needful accordingly. The said notifications are available for reference on links provided therein.

Feed-backs, if any, may also be sent to us on email id's:  dg@chemexcil.in & pw@chemexcil.in  for records/ further deliberations, if required.    

Thanking you.    

Yours Faithfully,    

   
Deepak Gupta
Acting Executive Director