DGFT Notifies new RoDTEP Schedule to align with Finance Act, 2022 applicable from 1st May [Read Notification]
DGFT – RoDTEP Schedule – Finance Act – ta
DGFT – RoDTEP Schedule – Finance Act – ta
The Director-General of Foreign Trade (DGFT) has notified a new Refund of Duties and Taxes on Exported Products (“RoDTEP”) schedule Appendix 4R consequent to certain changes in the Customs Tariff Schedule vide Finance Act, 2022 (“Finance Act”) for implementation w.e.f. May 01, 2022.
A notification issued on 1st June has stated that “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 2015-20, the Central Government hereby notifies an Appendix 4R which is aligned with the Finance Act, 2022. This Appendix 4R shall be effective from May 01, 2022.”
This new Appendix 4R, with effect from May 01, 2022, containing the eligible RoDTEP export items, rates and per unit value caps, wherever applicable is available at the DGFT portal www.dgft.gov.in under the link ‘Regulatory Updates >RoDTEP’.
Consequent to the Finance Act, 2022, certain changes in the Customs Tariff Schedule shall take effect from May 01, 2022. Accordingly, after alignment, a new RoDTEP schedule (Appendix 4R) is being notified for implementation with effect from May 01, 2022.
To Read the full text of the Order CLICK HERE
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