Refund of duties and taxes on exported products to make Indian products competitive in international markets.
RoDTEP scheme replaced the earlier MEIS scheme and provides refund of duties and taxes incurred on exported products that are not refunded under any other mechanism. It covers central, state, and local duties/taxes. The rates vary from 0.5% to 4.3% of FOB value. The scheme is WTO-compliant and applies to all export sectors.