Government Restores RoDTEP Rates and Value Caps to Support Exporters Amid West Asia Trade Disruptions
- RoDTEP (Remission of Duties and Taxes on Exported Products) is India's flagship WTO-compliant export remission scheme refunding embedded central, state and local levies not rebated under any other mechanism.
- On 23 March 2026, the Ministry of Commerce & Industry restored full RoDTEP rates and value caps (rolling back a 50% cut imposed on 23 Feb 2026) to cushion exporters from West Asia maritime disruption.
- Examinable for Prelims (scheme architecture, ministries) and Mains GS-III (external sector, WTO, trade policy).