India restores full RoDTEP tax refunds for exporters, effective March 23, 2026, reversing a February cut to boost competitiveness amid global challenges.

India has restored full RoDTEP tax refund rates for exporters, effective March 23, 2026, reversing a 50% reduction imposed in February. The move aims to stabilize export costs amid rising global logistics challenges and weak demand, providing relief to exporters facing uncertainty from prior rate cuts. The restoration supports competitiveness in international markets and follows concerns over policy instability. The scheme, which refunds taxes on exported goods, covers 8,555 product lines with rates from 0.01% to 4.3% of FOB value. While the reversal is temporary, industry leaders welcome it as crucial relief and call for long-term rate stability.