Export Incentive Scheme

India's Foreign Trade Policy offers a range of incentive schemes designed to make Indian exports more competitive in global markets by offsetting embedded duties, taxes, and logistics costs that are not otherwise rebated. These schemes include mechanisms such as the Remission of Duties and Taxes on Exported Products (RoDTEP), rebate on state and central levies for specific sectors, and various sector-focused incentive programmes notified from time to time. Exporters who are unaware of their eligibility, or who fail to follow the prescribed procedure, routinely leave significant benefits unclaimed.

Why This Matters

Export incentives directly affect the margins and price competitiveness of exported goods, and in many sectors the difference between a profitable export order and a marginal one comes down to the incentives actually realised. These schemes also carry strict eligibility conditions, documentation requirements, and time limits, so businesses that do not build compliance into their export process from the outset risk forfeiting benefits they were otherwise entitled to.

How We Help

Eligibility Assessment

We assess which incentive schemes apply to a client's specific products, markets, and export structure, taking into account sector-specific notifications, product exclusions, and any conditions attached to particular schemes.

Scheme Application and Documentation

We assist in preparing and filing the declarations, undertakings, and supporting records required to claim benefits under the applicable schemes, ensuring that shipping bill declarations and other export documentation are aligned with scheme requirements at the time of export itself.

Scrip and Benefit Utilisation Planning

Where incentives are issued in the form of transferable scrips or credits, we advise on their optimal utilisation, including use against duty liability on imports, transferability considerations, and validity period management.

Monitoring Policy Changes

Incentive rates and scheme coverage are revised periodically through notifications. We track these changes on behalf of our clients and flag any developments that affect their existing claims or future export planning.

Who Needs This

• Manufacturer-exporters across sectors such as textiles, engineering goods, and chemicals
• Merchant exporters and export trading houses
• Businesses evaluating the incentive impact of entering new export markets
• Exporters seeking to reconcile incentive claims with actual entitlements before annual filings

Our Approach

We work closely with client export teams to embed incentive compliance into routine export documentation, rather than treating it as an afterthought handled at year end. Our advice is tailored to the specific product and market mix of each client, and we stay current with the frequent notifications that shape scheme rates and eligibility.

Get in Touch

To discuss how we can support you with export incentive schemes, write to us at info@agarwalurs.com.