Home India Ministry of Commerce and Industry Realignment of RoDTEP Schedule w.e.f 01.05.2023 consequent t...
Date: 01-May-2023 Category: Extra Ordinary State: Union Government Country: India

Realignment of RoDTEP Schedule w.e.f 01.05.2023 consequent to amendments made under Finance Bill, 2023

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

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Executive Summary & Key Takeaways

What it means

  • The notification announces changes to the Remission of Duties and Taxes on Exported Products (RoDTEP) schedule (Appendix 4R) effective May 1, 2023. These changes are made to align the RoDTEP schedule with the First Schedule of the Customs Tariff Act, following the enactment of the Finance Bill 2023.

Key Changes

  • 149 tariff lines at the 8-digit level have been added to the RoDTEP schedule.
  • 52 tariff lines at the 8-digit level have been removed from the RoDTEP schedule.
  • Details of HS codes, RoDTEP rates, and value caps are available on the DGFT portal under 'Regulatory Updates > RoDTEP'.

Impact Analysis

Exporters

  • Action Item: Exporters whose tariff lines have been removed should explore alternative schemes or strategies to mitigate the loss of RoDTEP benefits.

Directorate General of Foreign Trade (DGFT)

  • Action Item: DGFT should address any queries or concerns raised by exporters regarding the updated schedule.

Customs Authorities

  • Action Item: Customs authorities should ensure that exporters are correctly claiming RoDTEP benefits based on the updated schedule.

Government Revenue

  • Action Item: The government should monitor the impact of these changes on revenue and adjust policies as needed.

Key Entities Referenced

Central Government: The issuer of the notification, responsible for making additions/amendments to Appendix 4R (RoDTEP schedule). Directorate General of Foreign Trade (DGFT): The agency responsible for implementing and administering foreign trade policy, including the RoDTEP scheme. The DGFT portal (www.dgft.gov.in) provides details of the updated RoDTEP schedule. Foreign Trade (Development and Regulation) Act, 1992: The enabling legislation that grants the Central Government the power to make amendments to the RoDTEP schedule. Foreign Trade Policy 2023: The overarching policy framework that guides India's foreign trade, within which the RoDTEP scheme operates. Finance Bill 2023: The legislative proposal that led to changes in the Customs Tariff Act, necessitating the realignment of the RoDTEP schedule. Customs Tariff Act: The Act governing customs duties, the First Schedule of which is being aligned with the RoDTEP schedule. RoDTEP (Remission of Duties and Taxes on Exported Products): A scheme for reimbursement of taxes/duties/levies at the central, state and local level, that are incurred in the process of manufacture and distribution of exported products but are not refunded under any other existing mechanism.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 ससीी..जजीी..--डडीी..एएलल..--अअ..--0011005522002233--224455556611 xxxGIDHxxx CCGG--DDLL--EE--0011005522002233--224455556611 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1907] नई दिल्ली, सोमवार, मई 1, 2023/विै ाख 11, 1945 No. 1907] NEW DELHI, MONDAY, MAY 1, 2023/VAISAKHA 11, 1945 —fons'k O;kikj uhfr] 2023 ds iSjk 1-02 ds lkFk ifBr fons'k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e 1992 dh /kkjk 5 d s rgr iznÙk 'kfDr;ks a dk iz;ksx djrs gq,] dUs nz ljdkj ,rn}kjk ifjf'k’V 4n eas fnukad 01-05-2023 l s fuEufyf[kr ifjo/kZu@la'kks/ku djrh gS% i. vkjvkMs hVhbZih vuqlwph eas 8 vad Lrj ij 149 iz'kqYd ykbuksa dks tksM+k tkrk gSA ii. vkjvkMs hVhbZih vuqlwph l s 8 vad Lrj ij 52 iz'kqYd ykbuks a dks gVk;k tkrk gSA 2- mi;qZDr iSjk eas ;Fkk mfYyf[kr ,p,l dksM vkjvksMhVhbZih njks@a vf/kdre ewY; lhek d s lkFk Mhth,QVh d s iksVZywww.dgft.gov.in ij jsxqysVjh viMsV~l > vkjvkMs hVhbZih fyad ds varxZr miyC/k gSA 2848 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] foÙk fo/ks;d 2023 ds vf/kfu;eu d s ifj.kkeLo:i vkjvkMs hVhbZih vuqlwph ¼ifjf'k’V 4n½ es a fnukad 01-05-2023 ls dfri; ifjorZu fd, tk jgs gSa rkfd bl s lhek 'kqYd iz'kqYd vf/kfu;e dh izFke vuqlwph ds lkFk lajsf[kr fd;k tk ldAs [Qk- l-a 01@61@180@155@,,e21@ihlh&3] lra ks"k dqekj lkjaxh] Ekgkfuns'kd] fon's k O;kikj ,o a insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 1st May, 2023 No: 04 /2023 Subject : Realignment of RoDTEP Schedule w.e.f 01.05.2023 consequent to amendments made under Finance Bill, 2023 S.O. 1995(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, the Central Government hereby makes the following additions/amendments in Appendix 4R w.e.f 01.05.2023: i. 149 tariff lines at 8 Digit level are added in the RoDTEP schedule ii. 52 tariff lines at 8 Digit level are deleted from the RoDTEP Schedule 2. The details of HS codes as in Para above along with RoDTEP rates/value caps are available at the DGFT portal www.dgft.gov.in under the link ‘Regulatory Updates >RoDTEP’. Effect of Notification:- Consequent to enactment of Finance Bill, 2023, certain changes in RoDTEP Schedule (Appendix 4R) are being made w.e.f 01.05.2023 to align it with the First Schedule of the Custom Tariff Act. [F. No. 01/61/180/155/AM2l/PC3] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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