The Economic Times

Reduced RoDTEP rates not applicable to exports of agri, processed food products: Govt

The government clarified that reduced RoDTEP rates and value caps do not apply to agricultural and processed food exports (ITC HS Chapters 124), amid backlash over a 50% cut in benefits. Exporters warned of margin pressures and policy instability, even as the Commerce Ministry seeks higher budget allocations for the scheme.