RoDTEP Rates Reduction – A Huge Shock for Exporters – Shri Shaleen Toshniwal, Chairman, MATEXIL

Shaleen Toshniwal, Chairman – MATEXIL

Mumbai (Maharashtra) [India], March 02: “The abrupt and unexpected reduction in the RoDTEP rates and the notified value caps for all HS lines by 50% has come as a big surprise and a huge shock for the exporters,” said Shaleen Toshniwal, Chairman of MATEXIL (Manmade and Technical Textiles Export Promotion Council).

The DGFT (Directorate General of Foreign Trade) has reduced RoDTEP rates and the notified value caps for all HS lines by 50% vide Notification No. 60/2025-26 dated February 23, 2026.

“The implementation of this notification with immediate effect will have an adverse impact on exports of manmade fibre textiles and technical textiles, as it will significantly affect their competitiveness,” said  Shri Toshniwal .

The RoDTEP (Remission of Duties and Taxes on Exported Products) scheme was introduced with the objective of neutralizing embedded central, state, and local taxes and levies—including prior-stage cumulative indirect taxes on goods and services used in the production and distribution of exported products—that are not otherwise refunded or credited and remain embedded in export goods.

“At a crucial juncture, when exporters are passing through unprecedented challenges, turbulence &  uncertainty in global markets and are finding it difficult to sustain operations, this reduction has further aggravated their problems,” the MATEXIL Chairman added.

Shri Toshniwal further pointed out that the RoDTEP Committee constituted by the Government is presently reviewing the existing RoDTEP rates and  while this review exercise is underway, the unexpected reduction has caused serious concern and uncertainty among exporters of manmade fibre textiles and technical textiles.

He urged the Government to reinstate the original RoDTEP rates and value caps and continue with the same until the revised rates are formally notified.

If you object to the content of this press release, please notify us at [email protected]. We will respond and rectify the situation within 24 hours.

Related Posts

How D2C and Meesho/Amazon Sellers Are Fueling StudioBackdrops’ Next Growth Wave

New Delhi [India], September 8: Every new seller that Meesho, Amazon, or Flipkart signs up in a small town eventually needs to shoot a product photo or a reel. That’s…

Amwhiz Delivers HubSpot CRM Services to Businesses Across Global Markets

Chennai (Tamil Nadu) [India], September 8: Amwhiz provides comprehensive HubSpot CRM services to businesses across India and international markets, helping organizations improve sales, marketing, customer service, automation, and operational processes…

You Missed

ECMO as a Bridge to Recovery: DPU Super Specialty Hospital’s 24/7 ECMO Retrieval Team Saves Critically Ill H1N1 Pneumonia Patient

  • By
  • September 8, 2026
ECMO as a Bridge to Recovery: DPU Super Specialty Hospital’s 24/7 ECMO Retrieval Team Saves Critically Ill H1N1 Pneumonia Patient

Historic International Runway Call: Lansky Mr Miss Mrs India World 2026–2027 Set to Disrupt Indian Pageantry Under Visionary CEO Yugank Sinhmar

  • By
  • September 8, 2026
Historic International Runway Call: Lansky Mr Miss Mrs India World 2026–2027 Set to Disrupt Indian Pageantry Under Visionary CEO Yugank Sinhmar

Western H.O.G. Ride 2026 Concludes In Daman After A Weekend Of Riding, Brotherhood & Unforgettable Experiences

  • By
  • September 7, 2026
Western H.O.G. Ride 2026 Concludes In Daman After A Weekend Of Riding, Brotherhood & Unforgettable Experiences

DMRC Wins HR for the Greater Good 2026 Award at XLRI’s HR for the Greater Good Conclave 2.0

  • By
  • September 7, 2026
DMRC Wins HR for the Greater Good 2026 Award at XLRI’s HR for the Greater Good Conclave 2.0

Hon’ble Deputy Chief Minister Shri Keshav Prasad Maurya Inaugurates Three Newly Constructed Hostels at RGIPT

  • By
  • September 7, 2026
Hon’ble Deputy Chief Minister Shri Keshav Prasad Maurya Inaugurates Three Newly Constructed Hostels at RGIPT

India’s Biggest Fashion Revolution: Lansky Mr Miss Mrs India World 2026–2027 Set to Crown Nation’s Next Global Icons as MD Yugank Sinhmar Unveils Historic Dubai Finale

  • By
  • September 5, 2026
India’s Biggest Fashion Revolution: Lansky Mr Miss Mrs India World 2026–2027 Set to Crown Nation’s Next Global Icons as MD Yugank Sinhmar Unveils Historic Dubai Finale