Govt Restores Full RoDTEP Benefits to Exporters Amidst West Asia Crisis

• The government has reinstated full RoDTEP benefits for exporters, reversing a previous decision to halve the rates.
• The move comes as exporters face disruptions and increased costs due to the ongoing West Asia crisis.
• The Directorate General of Foreign Trade (DGFT) announced the restoration of rates and value caps effective from February 23, 2026, to March 31, 2026.
• The RoDTEP scheme, launched in 2021, refunds taxes, duties, and levies incurred by exporters not reimbursed elsewhere.
• Merchandise exports saw a marginal drop in February, with the full impact of the West Asia crisis expected in March data.