RoDTEP Scrip Rate Today: What a Scrip Is Worth and What Moves It

The going rate: a little under face, and not the same for every scrip

A duty-credit scrip is worth its full face value against customs duty, so it never trades far below face. In practice a clean scrip changes hands a little under 100% of face. Beyond that, there is no going rate to look up. What a scrip is worth on a given morning depends on the scheme it came from, how much validity is left on it, how large the lot is, and what importers are actually clearing that day.

So Scriphouse does not publish a rate card, and does not ask you to price your own scrip off an average of other people's. Every scrip is priced at the moment it is asked for, against live demand for that scheme, that expiry band and that size. Two identical scrips can price differently on two different days, because the demand behind them is different.

What moves the number from one day to the next

Four things do most of the work, and none of them is a desk deciding to pay you less:

• Buyer demand. Scrips are worth face against duty to importers. When importers have more duty to cover, appetite for scrips firms up and the number sits closer to face.
• Supply of new scrips. As scrolls mature at the port and fresh scrips issue, more supply reaches the market. Heavier supply against steady demand nudges the number down a touch.
• Time to expiry. A scrip is only useful while it can still be applied against duty, so one close to expiry is worth less to a buyer. That is why two scrips under the same scheme can be worth different amounts on the same day.
• Scheme. RoDTEP and RoSCTL are separate lines with their own supply and demand, so they need not sit at the same level on the same day.

The takeaway is that the number is a market read, not a mood. It moves for reasons you can see, and the offer you get shows those reasons on the same screen.

Why expiry can move your number more than the market does

For most sellers, the biggest swing is not the day's market at all. It is where the scrip sits on its own expiry clock. A scrip comfortably clear of expiry earns full value, and the number steps down as the usable window narrows, because a buyer has less room to apply the credit. So a scrip you held for a few months can price lower than an identical fresh one on the same day, purely because the window has narrowed. There is no fixed deduction for it, because what a shorter window costs depends on demand on the day, but the direction never changes. A scrip does not improve with age.

How to get today's number on your scrip

You do not need to track a rate feed or ask around. When you open Sell Now on an Issued scrip, Scriphouse prices that scrip and shows one firm number with its reasons on the same screen: the scheme rate it started from, what live demand added on the day in basis points and in rupees, and the gross you would receive. That offer is locked for sixty seconds, and accepting inside the minute is what you are paid.

Occasionally there is no offer. If no number works for both you and a buyer, Scriphouse shows nothing rather than a price you would regret accepting.

Where to read further

Three pages sit under this one, and each answers a narrower version of the same question. How RoDTEP and RoSCTL scrips are priced takes the drivers one at a time and explains why no publishable benchmark exists to read a quote against. What a scrip's face value means separates the three numbers that get confused: face, the balance left on the ledger, and the cash a buyer pays. And how brokers price duty-credit scrips covers where a desk's number comes from, if that is who you are dealing with today.

Is today a good day to sell?

The honest answer is that timing the market by a fraction of a percent rarely beats the cost of waiting, because expiry quietly erodes the number while you wait. If a scrip is comfortably clear of expiry, it is already earning full value, and the surer move is to sell it rather than hold for a hypothetical better one. If you would rather not watch the market at all, Autopilot sells every future scroll above a floor you set, whole scrips only, with anything outside your guard-rails held for your tap. See how Scriphouse works for exporters.

The notified rate is a different number

Two different things are called the RoDTEP rate, and mixing them up is the most common confusion in this market. The first is the notified rebate rate: the percentage of FOB value your product earns as a credit, set line by line in Appendix 4R (and Appendix 4RE for advance authorisation, EOU and SEZ exports) as notified by DGFT. Across the schedule this site carries, the percentage lines run from 0.01% to 3.9% of FOB, most commonly 0.5%, 0.7% or 0.9%, and many lines also carry a per-unit value cap, so the credit is the lower of rate times FOB and cap times quantity. That schedule decides how big your scrip is when it is born.

The second is the market rate this page is about: what a buyer pays for the scrip after it exists, quoted as a share of face value. To find your notified rate, look up your HS code on the tariff directory, where every item page carries its Appendix 4R line, or put your FOB into the RoDTEP calculator. To know what the scrip converts to in cash, get a firm quote: that is the number the rest of this page explains.

Frequently asked questions

What is the RoDTEP scrip rate today?

There is no single going rate, and anyone who quotes you one without seeing your scrip is guessing. A clean scrip trades a little under its face value, and where it lands depends on the scheme, the validity left, the size of the lot, whether it is whole, and demand on the day. On Scriphouse the number is made when you ask for it and is firm for sixty seconds.

Why does the scrip rate change day to day?

Mainly four things: importer demand for scrips to cover duty, the supply of newly issued scrips, how close a scrip is to expiry, and which scheme it is (RoDTEP and RoSCTL price on separate lines). The number is a market read, and the offer shows its reasons on the same screen. How RoDTEP and RoSCTL scrips are priced covers why nobody can honestly publish one number for all of it.

Does an older scrip sell for less?

Yes. Price falls as expiry nears because a buyer has less time to apply the scrip. A scrip comfortably clear of expiry earns full value, and the number steps down as the window narrows, so an older scrip can price lower than an identical fresh one on the same day.

Does Scriphouse publish a rate I can check first?

No. There is no standard rate for a scrip, so publishing one would be asserting a market authority nobody here has earned yet. What you get instead is your own number on your own scrip, priced live against real demand, with the lines that moved it shown beside it and sixty seconds to decide.

How do I check the notified RoDTEP rate for my product?

Look up your HS code on the Scriphouse tariff directory, where each item page carries its Appendix 4R rate and value cap, or use the RoDTEP calculator with your FOB value. The schedule was notified by DGFT Notification 32/2024-25 with effect from 10 October 2024, amended most recently by Notification 15/2026-27 with effect from 1 May 2026, and is read forward through the notification register.

Is the notified RoDTEP rate the same as the scrip rate?

No. The notified rate, a percentage of FOB set in Appendix 4R, decides how large a credit your export earns. The scrip rate is what a buyer later pays for that credit, quoted as a share of face value. One is set by notification; the other is set by the market.