Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023

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....try 2. All Agencies / Chamber enlisted under FTP 3. All Export Promotion Councils / Trade and Industry Associations 4. All DGFT Regional Authorities Subject: Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023 - reg Attention of Trade and Industry is invited to Para 2.57 of the Foreign Trade Policy (FTP) 2023, which stipulates the necessity of obtainin....

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.... Central Taxes and Levies (RoSCTL), and Remission of Duties and Taxes on Export Products (RoDTEP) fall under the category of remission- based schemes. These schemes are aimed at remitting duties or taxes on exported goods. iii. No RCMC Required: For the aforementioned remission-based schemes, the requirement of an RCMC does not apply. Exporters can claim benefits under these schemes without obta....