Archive · 2 Jun 2025
India to Reinstate Tax Refunds for Exporters Starting in June
India is bringing back a program to help companies that export goods.
This program gives money back to exporters for certain taxes and fees they pay.
The government paused this program earlier, but is now restarting it to help make Indian goods more competitive in other countries.
This should benefit businesses in sectors like textiles, chemicals, and agriculture, and the government hopes it will help with trade deals.
India will reinstate tax refund benefits for exporters from June 1.
The scheme reimburses exporters for embedded duties and taxes.
The Remission of Duties and Taxes on Exported Products scheme was paused earlier this year.
The reinstatement aims to boost export competitiveness.
Total disbursements under the scheme exceeded 579.77 billion Indian rupees.
- Who
- Indian Trade Ministry
- What
- Reinstating tax refund benefits for exporters.
- When
- From June 1
- Where
- India
- Why
- To boost export competitiveness and provide a level playing field.
- Total Disbursements
- 579.77 billion Indian rupees ($7 billion)
- Reinstatement Date
- June 1
- Original Scheme Period
- January 1, 2021 - February 5, 2024
- Covered Sectors
- Textiles, chemicals, pharmaceuticals, cars, agriculture, food processing
Sources
Government restores remission of duties and taxes on exported products effective June 1
Good news for exporters as key tax refund scheme to return. Details here
India to reinstate tax refund benefits for exporters from June to boost competitiveness
Export boost: Government restores RoDTEP scheme, allows leather exports from all ports
GTRI backs RoDTEP reinstatement, urges five-year stability to boost exports
India's exports projected to reach $1 trillion in FY26: FIEO
India's exports set to cross $1 trillion in FY26 on robust global demand, says FIEO