CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road, Mumbai - 400 001.
Tel :+91-22-69821200 to 206
Twitter : @chemexcil
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in
EPC:LIC:PW:DGFT:PN:RODTEP:2024-25:MISC-2 24th Oct 2024
To,
ALL MEMBERS OF THE COUNCIL
(IMPORTANT)
DGFT Public Notice No. 27/2024-25- An introduction of the filing
of the Annual RoDTEP Return (ARR) for RoDTEP claims.
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Dear Sir/Madam,
O/o DGFT has issued a public notice no. 27/2024-25 dated 23rd October 2024 on filing of the Annual RoDTEP Return (ARR) for RoDTEP claims as part of the Foreign Trade Policy, 2023.
This is a new requirement, stated in Para 4.94 of the Handbook of Procedures 2023, mandating exporters claiming RODTEP benefits to submit an ARR by March 31 of the following financial year, starting with those whose claims exceed Rs. 1 crore in a financial year across all 8-digit HS Codes.
This notice is issued in order to streamline the process for exporters and ensure compliance with the RODTEP scheme, enhancing transparency and accountability in the export sector.
The key aspects of this notice are as under :
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The ARR for claims filed in the financial year 2023-24 must be submitted by March 31, 2025. Non-compliance will result in denial of benefits under the RODTEP scheme, and no further claims will be processed after June 30, 2025, unless a composition fee is paid.
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A fee of Rs. 10,000 will apply for late submissions up to June 30, 2025, and Rs. 20,000 thereafter. Claims will be resumed within 45 days after payment of the applicable fee.
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The ARR may be subject to periodic assessments for due diligence, and certain cases may be selected for further scrutiny based on risk criteria. Any excess claims identified must be refunded or surrendered, or further benefits will be halted.
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The ARR must be submitted in a specified format, detailing various costs associated with the export product, including taxes, duties, and transportation costs, among others. The format is specified in attached public notice.
The detailed notice can be viewed on following link
https://content.dgft.gov.in/Website/dgftprod/4c208b04-bd1c-4983-a87c-3d6c59051b2f/PN%2027%20(English).pdf
We request members to take the note of this important notice and comply with the same.
Do not hesitate to write to us on pw@chemexcil.in with copy to dg@chemexcil.in if you need any clarification
Thanks and Regards
Yours faithfully,
Raghuveer Kini
Director General
CHEMEXCIL
Encl : PN 27 (English)
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