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RoDTEP benefits for agri sector restored after a day
Financial Express Kochi
|February 25, 2026
THE GOVERNMENT ON Tuesday restored full benefits of its flagship export promotion scheme Remission of Duties and Taxes on Exported Products (RoDTEP) that is designed to refund taxes incurred while producing for exports to agriculture and processed food items.
The change came a day after the Directorate General of Foreign Trade (DGFT) slashed the rate of tax refund on exported products to half under the RoDTEP.
The reduction in benefit is due to the lower allocation for the scheme in Budget for financial year 2026-27.
The scheme is operated within a budgetary framework which means that the benefits should be managed within the allocated Budget.
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