RoDTEP scheme was designed to neutralise the taxes and duties suffered on export goods which are otherwise not remitted, refunded, or credited in any manner.
You can easily apply for this scheme once you have obtained the Importer-Exporter Code (IEC), which is a 10-digit code issued by the Director General of Foreign Trade (DGFT). This code has lifetime validity.
These export incentives have contributed significantly in promoting global trade nigeria phone number list and exports worldwide. Moreover, they have created a favourable atmosphere in the business community by lowering production costs, increasing competitiveness, and providing access to new markets. The government is also upcoming with many other benefits to strengthen the export sector of the country further with tax breaks, subsidies, and export credit guarantees.
However, major factors to consider when exporting your goods or services overseas are the cost and reliability of the shipping service provider you choose. An increase in transport costs can reduce your business’ export values, which is further traced back to a reduction in the number and size of shipments. With ShiprocketX, you get the best-in-class transport services, no matter what corner of the world you want to ship your products.
Elevate your Business by Exporting your Products with ShiprocketX
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