PXL/HO/Cir-054/2020-21 Date: 12.08.2020
Subject: Seeking data/information for the new proposed Scheme for Remission of Duties and Taxes on Exported products (RoDTEP) for Products pertaining to ITC (HS) Codes under Chapter(s) 29 & 30.
Members are kindly aware, RoDTEP is substituting MEIS Scheme and a Committee has been formed by the Ministry of Finance, Department of Revenue for determination of ceiling rates under the Scheme for Remission of Duties and Taxes on Exported products (RoDTEP). Department of Revenue is seeking inputs/ information for the new proposed Scheme for Remission of Duties and Taxes on Exported products(RoDTEP) for Products pertaining to ITC (HS) Codes under Chapter(s) 29 & 30 and proposing to hold interaction with Councils and Stakeholders.
The Remission of Duties and Taxes on Exported products (RoDTEP) seeks to currently un-refunded
i) duties/taxes/levies at the Central, State and local level, borne on the exported product, including prior stage cumulative indirect taxes on goods and services used in the production of the exported product and
ii) such indirect duties/taxes/levies on distribution of exported product.
The degree of benefit to be given under the RoDTEP Scheme, within the ceiling rates recommended by the RoDTEP Committee, will be decided by the Department of Commerce. The Sequence of introduction of scheme across sectors and prioritization of the sectors to be covered will be decided by the Department of Commerce in consultation with the Department of Revenue.
While providing the above data, care should be taken regarding the following aspects:
(a) Data provided should be complete for the exports made during the period 01.10.2019 to 31.03.2020. For a particular manufactured export item, the details of all the input(s) that are used in the manufacture of all types/styles of that particular export item should be indicated.
(b) The incidence of the duty should be restricted to currently un-refunded (i) duties/taxes/levies at the Central/State and local level, borne on the exported product, including prior stage cumulative indirect taxes on goods and services used in the production of the exported product. An illustrative list of various duties/ taxes/ levies that might remain unrefunded is attached as Annexure.
(C) It may be ensured that only taxes/levies/duties borne on the exported product which are at present not getting refunded/ reimbursed under any other mechanism such as Duty Drawback, GST refunds, Central/State Govt. exemptions , subsidy, etc. are taken into account while calculating the tax incidence on the export product.
(d) Data submitted should pertain to at least five units for each export product so as to be representative of the industry. The units should be carefully selected from amongst the small, medium as well as large manufacturer exporters.
(e) Data provided should only be of manufacturers/ manufacturer exporters in the domestic tariff area and it should be certified by the manufacturer and its Chartered Accountant/ Cost Accountant.
(f) The data should be supported by copies of relevant documents such as tax invoices of inputs used, shipping bills of export product, State Govt. notifications regarding taxes/levies like electricity duty, mandi tax etc.
(g) The data provided should pertain to only those manufacturers /units that are ready to have their records and production processes subjected to inspection by Customs/Central Excise Department if required for the purpose of verifying the correctness of information.
Export Promotion Councils (EPC)/Commodity Boards/Trade and Industry Association/Chambers of Commerce are advised to collect necessary data in prescribed formats from member-exporters.
There are 3 (three) formats/ Proforma (R1, R2, R3_link enclosed) which are required to be filled separately for each export product by a manufacturing/ exporting unit.
It is therefore requested that the above information may be sent within ten days time to firstname.lastname@example.org.
RODTEP Board Sheet
Member-Exporters may note the following while submission of information in the specified formats:-
a) We request our member-exporters to provide Data mandatorily based on the exports made during the period 01.October 2019 to 31.March.2020.
b) A list of indicative taxes which should be counted for estimating the non reimbursed/ non refunded tax incidence is provided in the Board Sheet.
The hard copy of the information may please be submitted to the Council to the following address: PHARMEXCIL, 201,Aditya Trade Centre,Ameerpet,Hyderabad-500038
In view of the importance and urgency of the matter, member-exporters may submit the information before 22.August.2020.