Garments, made-ups sectors may get lower duty reimbursement

Garments, made-ups sectors may get lower duty reimbursement under RoDTEP scheme


Garments, made-ups sectors may get lower duty reimbursement under RoDTEP scheme
February 17, 2021
Budget constraints will limit refunds
Input duty reimbursement for exporters of garments and made-ups under the new RoDTEP scheme may be lower than the rates under the previous RoSCTL scheme if the government finds it difficult to meet the needs of all other entitled sectors with the available resources, officials said.
Last year, the Textiles Ministry had extended the Rebate of State and Central Taxes and Levies (RoSCTL) on export of garments and made-ups, which offers reimbursement of input taxes at 6 per cent or more of the exported value, till a time the Remission of Duties and Taxes on Exported Products (RoDTEP) was implemented. It was said that the rates were likely to remain the same under RoDTEP.

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