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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y 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 obtaining a Regis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... axes 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 obtaining an RCM .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X