The government on Monday extended the period of its flagship export promotion scheme Remission of Duties and Taxes on Exported Products (RoDTEP) for a year till September 30, 2025 but revised the rates downwards so that the outgo remains within the budgetary allocation. The lower rates may mean that tax remission for exporters is not full, and could hit them at a time shipments are facing a slowdown. The exports from the units in the Domestic Tariff Area (DTA) – units that are not in special economic zones (SEZ) or are designated export oriented units (EoU) – will be eligible for incentives till September 30 next year. For export of products by Advance Authorisation holders, SEZ units and EoUs the scheme has been extended till December 21, 2024, a notification by the Directorate General of Foreign Trade (DGFT).