Trade words

RoDTEP

Remission of Duties and Taxes on Exported Products

A scheme that refunds central, state and local duties and taxes built into exported goods that no other scheme refunds. You claim it on the shipping bill and receive an e-scrip on ICEGATE, used to pay basic customs duty or passed to another IEC holder.

Set by DGFT, which extends it for set periods

Lessons that use this word

  1. Lesson 125 min readShipping bill and Let Export OrderHow you declare an export on ICEGATE, how customs clears it, and how the same shipping bill reaches your bank and your export incentives.
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Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.