Realize effective savings on your import/export with **RODTEP—Refund of Duties and Taxes on Exported Products—**provided by Kireeti Consultants. We assist in the license and processing required on your side in availing the RODTEP rates of 0.5% to 4.3% of FOB value, thereby recovering central as well as state taxes and duties on the imported raw materials and machinery. RODTEP has been rolled out in a replacement capacity to Duty Drawback, covering a range of 13 sectors and over 10,000 products.
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RODTEP refunds extend to non-creditable taxes like electricity duty, mandi tax, and embedded central taxes on inputs. It’s best suited for exporters in Hyderabad if they are producing machinery parts from imported steel or textiles from synthetic fibers—the amount is credited directly to their accounts through ICEGATE. Our experts take care of RODTEP Portal registration, shipping bill modifications, HS Rate Notifications, and e-Sanchit documents on a monthly basis.Exports eligible for the scheme are Merchant Exports, Job Work, and Deemed Exports.
The necessary documents are Shipping Bills bearing “Let Export”, proof of payment of taxes, Bank Realization Statements, and GSTR filing.Let us simplify the confusion arising out of transitioning GST credits, industry-specific rates (textiles: 0.7% to 3%, engineering: 1.7% to 2.9%), exemptions on selected taxpayers, and appeals. Our solutions are integrated with IEC, EPCG, and GST.
RODTEP facilitates maintaining your global pricing competitiveness, notwithstanding taxes on raw materials and machinery. There is no export obligation, and auto-credits are expected to arrive in 3–6 months.