How to Use RODTEP Scrips to Pay Customs Duty in India – A Step-by-Step Guide

by Deepak Madan | Sep 6, 2025 | Blog

Why Use RODTEP Scrips for Customs Duty?

Customs duties in India can significantly impact your landed cost. But if you’re an importer, there’s a smart and legal way to reduce that cost: using RODTEP duty credit scrips.

These scrips, issued under the DGFT’s export incentive scheme, can be used to pay import duties—provided they are properly transferred and applied via ICEGATE.

In this guide, you’ll learn:

✅ What RODTEP scrips are used for
✅ How to use them for duty payment
✅ The ICEGATE process for duty adjustment
✅ Common errors to avoid
✅ Where to buy legally transferred scrips

👉 Buy Duty Credit Scrips on IBRLIVE.com – India’s trusted online platform

What is a RODTEP Scrip?

RODTEP (Remission of Duties and Taxes on Exported Products) is a government-backed duty remission scheme. Exporters earn scrips that can be:

• Sold to importers

• Used for customs duty payment in India

• Applied digitally via ICEGATE portal

Each scrip has:

• A face value

• An expiry date

• Eligibility for payment of Basic Customs Duty (BCD)

You can’t use them for IGST, CVD, or other taxes—only for the basic duty component.

Who Can Use RODTEP Scrips?

You can apply RODTEP scrips for customs duty if you are:

✅ An importer with a valid IEC code
✅ Using ICEGATE for bill of entry filing
✅ Holding a valid RODTEP scrip (your own or bought from another trader)
✅ Using it within the validity period

How to Apply RODTEP Scrips to Pay Customs Duty

Let’s go step-by-step:

Step 1: Ensure You Have a Valid RODTEP Scrip

You must hold a scrip that:

• Is issued in your name OR legally transferred to you

• Has not expired

• Matches the value needed for customs duty offset

Where to get one?
👉 Buy legally transferred scrips on IBRLIVE.com

Step 2: Log in to ICEGATE Portal

• Visit https://www.icegate.gov.in

• Use your importer credentials

• Navigate to the “Duty Credit Scrip” ledger in your account

Here you’ll see:

• Scrip ID

• Face value

• Balance remaining

• Expiry date

Step 3: Apply Scrip at the Time of Bill of Entry Filing

While filing your Bill of Entry (BoE):

• Choose “Pay using Duty Credit Scrip” option

• Enter the Scrip ID and amount to be debited

• Ensure the scrip covers the Basic Customs Duty (BCD) component

Partial payments with scrip + cash are allowed.

Step 4: Submit and Get Acknowledgment

After submission:

• The ICEGATE system verifies the scrip

• Customs accepts the debit if details match

• A payment confirmation is generated

• Your BoE is processed for clearance

Step 5: Maintain Documentation

Post-clearance, ensure you store:

• ICEGATE acknowledgment of scrip use

• Scrip ledger reflecting debit

• BoE with customs stamp

These are essential during audits by GST or customs officials.

Common Mistakes to Avoid

Why Use ICEGATE for Duty Credit Scrip Application?

ICEGATE (Indian Customs EDI Gateway) is the official digital interface between customs and stakeholders. It is:

• Mandatory for legal use of DGFT scrips

• Integrated with your Bill of Entry

• Accepts only DGFT-issued or legally transferred scrips

• Keeps a ledger of balance and usage

That’s why any duty credit scrip purchase must be ICEGATE-compatible.

Real-World Example: How Much Can You Save?

Let’s say your customs duty on a shipment is ₹1,00,000 (BCD only).

Over 10 imports, you can save ₹15,000 or more—just by switching payment methods.

Where to Get Valid RODTEP Scrips?

You can buy legally transferred scrips on IBRLIVE.com—India’s trusted DGFT-compliant marketplace.

Features:

• Verified sellers

• ICEGATE transfer proof

• Escrow protection

• Instant documentation

• Best price between 98.00% – 99.00% of face value

👉 Buy Duty Credit Scrips on IBRLIVE.com

Frequently Asked Questions (FAQs)

Can I pay IGST or CVD using RODTEP scrip?

No. RODTEP scrips can only be used to offset Basic Customs Duty (BCD), not GST or other taxes.

How do I know if a scrip is valid?

Check the scrip ledger on ICEGATE, which shows balance, expiry date, and transfer history. Also, always buy from DGFT-compliant platforms with ICEGATE proof.

Can I use a scrip I bought from someone else?

Yes, but only if the scrip was transferred via ICEGATE and shows up in your ledger.

What happens if I try to use an expired scrip?

ICEGATE will reject the payment request. Always check the validity before applying a scrip.

Do I need to submit the physical scrip?

No. Since 2020, the process is entirely digital via ICEGATE. Physical scrips are no longer issued.

Final Takeaway

RODTEP scrips are a powerful tool to legally reduce your customs duty—but only if used correctly via ICEGATE. With platforms like IBRLIVE, you can:

✅ Buy scrips instantly
✅ Ensure DGFT compliance
✅ Apply via ICEGATE in minutes
✅ Save significantly on import costs

Don’t miss out on this opportunity to streamline your imports and protect your margins.

👉 Buy Duty Credit Scrips on IBRLIVE.com

Related Blogs You Might Like:

• ✅ 10 Important Points to Keep in Mind While Buying & Selling RODTEP & ROSCTL Scrips

• ✅ [Top Mistakes to Avoid When Using Duty Credit Scrips]

• ✅ [What Is ICEGATE Transfer and Why It Matters?]

• ✅ [RODTEP vs ROSCTL – Which Scrip is Better for Exporters?]

• ✅ [DGFT-Compliant Platforms for Duty Credit Scrip Trading]

10 Important Points to Keep in Mind While Buying & Selling RODTEP & ROSCTL Scrips

by Deepak Madan | Sep 6, 2025 | Blog

“ICEGATE scrip transfer is the official and compliant way to trade and apply RODTEP and ROSCTL scrips for customs duty payment in India.”

Trading in RODTEP and ROSCTL scrips can unlock great value for both exporters and importers — but only if you follow the correct procedures. Whether you are selling your e-scrips on the ICEGATE portal or buying them for customs duty payment, keeping the following points in mind will help you secure better rates, avoid delays, and stay compliant with DGFT and CBIC guidelines.

✅ Consolidate Scrips Port-Wise for Higher Value

If your ICEGATE Scrip Ledger shows multiple scrips across different ports—say 5 for INNSA1 and 5 for INBOM4—consolidate port-wise. Generate a single RODTEP or ROSCTL scrip per port. Why? Large-value scrips attract better rates in the market, and buyers prefer fewer, higher-value e-scrips to save on paperwork and ICEGATE transaction time.

✅ Always Deal with Verified Buyers & Sellers

Whether you’re buying scrips to save on customs duty or selling them to monetize export incentives, ensure your counterparty is KYC-verified. Dealing with unverified parties increases the risk of fraud, delayed payments, and non-compliant transfers — something no exporter or importer should take lightly. Use platforms like IBRLIVE.com that work only with vetted traders.

✅ Wait & Consolidate for Better Scrip Rates

Don’t rush to sell small-value scrips. Instead, wait for more scrips to get generated in your account and then consolidate them port-wise. This not only reduces the number of transactions but also helps fetch higher RODTEP scrip rates due to increased demand for larger scrips.

✅ Check ICEGATE Scrip Ledger to Avoid Expired Incentives

Many exporters miss out on their RODTEP and ROSCTL scrips simply because they never check their ICEGATE scrip ledger. These e-scrips are often automatically credited based on your shipping bill scrolls, but if you don’t act on them in time, they may expire unused. Also, several exporters are unaware that their product category is eligible for RODTEP/ROSCTL benefits. Always log in to your ICEGATE account and review your e-scrip ledger periodically to avoid losing valuable export incentives.

✅ Send Required Original Documents Without Delay

Importers need the original documents — Invoice, Transfer Letter (countersigned by bank), and Declaration — to complete their customs duty payment via scrips. Delay in submitting these documents could result in cancellation of the deal or loss of trust. Ensure all documents are dispatched immediately post-transfer.

✅ Take Screenshot of Port Code During Scrip Generation

Always take a screenshot of the generated e-scrip that clearly displays the port code. This is a mandatory practice. If missed, importers may ask for one shipping bill copy per scrip to confirm the port, delaying your transaction and reducing buyer interest.

✅ Use Mobile OTP on ICEGATE Instead of Email OTP

ICEGATE now supports mobile OTP for scrip transfers and receipts. It is faster and more reliable than email-based OTPs. Always register your updated mobile number with ICEGATE and prefer mobile OTP for timely transaction execution.

✅ Avoid Multiple OTP Resend Attempts — ICEGATE May Block You

Never hit resend OTP more than 3 times on ICEGATE. This may block your ID temporarily, stalling your scrip transfer. Instead, log out and retry after a few minutes for a smooth experience.

✅ Don’t Panic if Exporter Delays Transfer After Payment

If you’re an importer and have made the payment but the exporter hasn’t transferred the scrips, stay calm. You can escalate the issue to ICEGATE customer care. For secure trading, use a trusted platform like IBRLIVE, which ensures timely transfer upon payment.

✅ Exporter Transferred Scrips But No Payment Received? Call ICEGATE

In cases where the exporter has transferred the RODTEP or ROSCTL scrip but the importer fails to make the payment, you can approach ICEGATE or seek assistance from trading platforms like IBRLIVE. Escrow-secured platforms reduce this risk considerably.

RODTEP and ROSCTL scheme scrips are powerful tools for cost saving and liquidity management — but only if handled with care. Exporters and importers must follow best practices to avoid delays, ensure compliance with DGFT and CBIC regulations, and maximize returns.

To trade securely and instantly, visit 👉 https://ibrlive.com/buy-sell-rodtep-rosctl

Benefits of RoDTEP scheme for Exporters and how to get the best price for selling your scrips?

by Deepak Madan | May 8, 2025 | Blog

RoDTEP means Remission of Duties and Taxes on Exported Products. The scheme was started by the Government of India in September 2019 to boost India’s exports by refunding the taxes and duties that are currently not being refunded to exporters.

The scheme was announced by the Ministry of Commerce and Industry to replace the Merchandise Export Incentive Scheme (MEIS) and the Rebate of State Levies (ROSL) scheme, both of which were found to be non-compliant with World Trade Organization regulations. The RoDTEP scheme is thought to be WTO-compliant and will replace MEIS and ROSL from 01, January 2021.

In the RoDTEP scheme, exporters will be eligible for a refund of multiple taxes and duties which are levied by the central, state, and local governments. These duties were not currently being refunded. This includes taxes like state and central excise duties, VAT, central sales tax, electricity duties, and fuel for logistics, among others.

The refund rate under the RoDTEP scheme will vary based on the sector and the specific product being exported. The rates will be determined by the Department of Commerce, with input from other relevant government departments. The rates are expected to be set at a level that provides an adequate incentive to exporters while ensuring that the scheme is financially sustainable.

The RoDTEP scheme is expected to benefit a wide range of industries, including textiles, leather, handicrafts, agriculture, and marine products, among others. The scheme will provide much-needed relief to exporters who have been struggling with a variety of challenges, including a strong rupee, rising costs of raw materials, and intense competition from other countries.

The process to sell scrips(RoDTEP):

RoDTEP scrips are certificates that provide a refund of duties and taxes paid on exported goods. These scrips can be sold in the open market by exporters who receive them as a benefit under the RoDTEP scheme. Here are some guidelines and steps to follow for selling RoDTEP scrips:

• Eligibility: To be eligible to sell RoDTEP scrips, you must be an exporter who has been issued RoDTEP scrips by the government.
• Register with the DGFT: To sell RoDTEP scrips, you must be registered with the DGFT and have an Import Export Licence.
• Approach a recognized agency: Only recognized agencies can purchase RoDTEP scrips. You can approach a recognized agency to sell your RoDTEP scrips.
• Submit necessary documents: You will need to submit your RoDTEP scrips, along with other necessary documents such as invoices, shipping bills, and export declaration forms to the recognized agency.
• Negotiate the price: The price of RoDTEP scrips is determined by market demand and supply. You can negotiate the price with the recognized agency based on the prevailing market conditions or you may contact the team at ibrlive.com for competitive pricing.
• Receive payment: Once the negotiations are finalized, the recognized agency will pay you for the RoDTEP scrips.
• Utilization of funds: The funds received from the RoDTEP scrip sale can be utilized for any business purposes, including payment of duties and taxes, payment to suppliers, and investment in new projects.

Looking for some other answers? Fill out the form below:

Currency Forward Contract | Definition, Booking, Cancellation & Basic Requirements

by Deepak Madan | Mar 6, 2025 | Blog

What Is a Currency Forward Contract?

A currency forward contract can be defined as buying or selling a specific currency at a specified future price for delivery on a specified future date.

Who Can Book a Currency Forward Contract?

Any importer or exporter having exposure to foreign currency can book a forward contract with its bank based on underlying (purchase order or pro forma invoice) to hedge his currency movement risk.

How to Book a Currency Forward Contract?

Step 1: On request, the bank set up a forward booking limit on behalf of its client. To set up the forward booking limit bank demands a fixed deposit of approx. 5% of your total booking requirements in the INR term. For example, if you want to book USD100000 then you will have to produce a fixed deposit of Rs. 375000.00 to your bank (considering USD/INR at 75.00). If you are a credit customer then the bank may also set up the limit based on your collateral mortgaged with the bank.

Step 2: You must produce an underlying (valid purchase order or pro forma invoice) mentioning the delivery and payment terms before your bank to book a currency forward contract.

Step 3: The Bank gives you a forward rate and with your consent, book the same. For example, if you want to book USD 100000 for delivery after the end of 3 months. Considering the current USD to INR spot rate of 75.00, the bank may give you a forward rate of 75.90. Here 0.90 is the premium for three months. Please note that exporters get the benefit of premium and importers have to pay the premium because USD is almost on premium in comparison to INR. You may refer to ibrlive.com for live forward rates.

Step 4: On successful booking of the contract bank agrees, generally on a 100 Rs. Stamp paper. The agreement contains all details of the contract and it is signed by both the bank and the client.

How Currency Forward Contracts Are Utilized?

On successful arrival of payment against export or sending the payment for import on the maturity date of the forwarding contract, the bank gives you the same rate which was booked earlier under the forwarding contract irrespective of the current spot rate on the maturity date.

A forward contract can be utilized for other payments irrespective of the underlying (purchase order or pro forma invoice) on behalf of which it was booked.

Early utilization of forwarding contracts is also possible if your payment has come earlier than the expected date.

Where to Check Exact Forward Premiums and Forward Rates?

Many websites show the month-wise or broken date forward rates for a subscription basis. You may refer to ibrlive.com to know the exact premiums and final forward rate, even for broken dates.

Advantages of Currency Forward Contract

For importers & exporters, the main advantage of booking a currency forward contract is to hedge their foreign currency exposure from adverse movements.

Exporters booking a forward contract for USD to INR, EUR to INR, GBP to INR, or any major currency benefit from a premium added to the present spot rate.

Can I Cancel a Forward Contract?

Yes, the forward contract can be cancelled on the maturity date or 3 days after the maturity date. Cancellation is done on a spot rate and any profit or loss will be passed on to the customer if the same is cancelled on or before the maturity date.

If the forward is cancelled any day between the 3 days grace period, then the profit will not be passed on to the customer but any loss will be recovered from his account.

A forward contract can also be cancelled before the maturity date. Apart from profit & loss calculation from spot day, the client will also have to forgo extra premium from the date of cancellation to maturity.