Export Incentives

Why incentives exist

India incentivises exports to boost competitiveness and earn foreign exchange. After WTO concerns retired the old MEIS, the flagship scheme today is RoDTEP.

RoDTEP

RoDTEP (Remission of Duties and Taxes on Exported Products) refunds embedded central, state and local taxes that are not otherwise rebated — like electricity duty and fuel taxes used in production. It is credited as transferable e-scrips in the exporter's ledger on ICEGATE, usable to pay customs duties or sold to others.

Duty-exemption and capital schemes

Advance Authorisation allows duty-free import of inputs used in export production. The EPCG (Export Promotion Capital Goods) scheme permits duty-free import of capital goods against an export obligation. SEZ/EOU units enjoy a special duty-free, tax-favoured regime for export-oriented operations.

Claiming smartly

Incentives require accurate documentation — shipping bills with the right scheme codes, e-BRC for realisation, and timely claims. Combining RoDTEP with input/capital-goods schemes (where permissible) can materially improve an exporter's margins.