India Plans Near ₹2 Trillion Export Tax Refund Push Over Five Years
India plans to raise tax refunds for exporters to nearly ₹2 trillion over five years through the RoDTEP and RoSCTL schemes.
India is preparing to scale up tax refunds for exporters to close to ₹2 trillion over a five-year period, with the additional support to flow through two existing programmes — the Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central Taxes and Levies (RoSCTL).
The proposed expansion is intended to ease liquidity pressures on exporters and strengthen their competitiveness in overseas markets. It comes amid persistent global headwinds and a pick-up in export demand following recent conflict-related disruptions.
Both schemes are structured as refunds of taxes and levies that are not otherwise rebated, and are meant to ensure that Indian goods do not carry domestic tax costs into foreign markets. A larger outlay would widen the cushion available to exporting firms at a time when working capital and pricing pressures remain elevated.
The plan, if finalised, would represent a significant increase in government support for the export sector over the medium term.