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Interim Budget: The Rebate of State and Central Taxes and Levies (RoSCTL) scheme is aimed at compensating for the state and central taxes and levies in addition to the rebate provided under duty drawback scheme on export of apparel/garments and made-ups. ....
Indian Cabinet extends RoSCTL scheme till 2026, boosting garment and made-up exports by offering rebates on embedded state and central taxes, , RoSCTL, union cabinet ....
Government sources recently said that these refunds could come handy at a time when cost of fuel and freight are soaring globally while also affecting domestic price structure. The said scheme intends to replace incentives that are not compliant with the World Trade Organisation (WTO). ....
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. ....