Industry Seeks RoDTEP Extension for SEZs and EOUs till September End

08 Jan 2025 CW Team

Amid global economic uncertainties, the Indian export industry has urged the government to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for export-oriented units (EOUs) and special economic zones (SEZs) until the end of September.

Currently, the RoDTEP scheme is available for exports from the domestic tariff area (DTA) until September 30. However, for SEZs, EOUs, and advance authorisation (AA) holders, the scheme expired on December 31 of the previous year.

The RoDTEP scheme, introduced in 2021, reimburses exporters for embedded non-creditable central, state, and local levies paid on inputs, with the aim of boosting India’s exports. Although initially limited in scope, the scheme was expanded on March 11, 2024, to include SEZs, EOUs, and AA holders to mitigate the impact of global economic challenges on exporters.

In a letter addressed to the expenditure and commerce secretaries, the Export Promotion Council for EOUs and SEZs (EPCES) expressed its view that denying RoDTEP benefits to specific exporter categories—EOUs, SEZs, and AA holders—is unjustified.

EPCES further highlighted that if budgetary constraints exist, the scheme could be restricted to specific sectors and products, rather than excluding certain exporters. They noted that covering EOUs and SEZs under RoDTEP would require limited funding, as exports from these units account for about 15 per cent of total merchandise exports.

Additionally, the Council proposed that if financial limitations persist, the scheme should be extended to all exporters only until March 31.

For the financial year 2024-25, the Union Budget has allocated Rs.16,575 crore for the RoDTEP scheme.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..