Union Cabinet Ministry approves extension of RoSCTL scheme till 31 March 2024

The Union Cabinet Ministry vide Press Release dated 14 July 2021, approved the continuation of Rebate of State and Central taxes and Levies (RoSCTL) scheme till 31 March 2021 on Export of Apparel/ Garments (Chapters-61 & 62) and Made-ups (Chapter-63) in order to help and generate additional investment and give direct/indirect employment opportunities. Further, the other Textiles products (excluding Chapters-61, 62 & 63) which are not covered under the RoSCTL shall be eligible to avail the benefits, under RoDTEP along with other products as finalised by Department of Commerce from the dates which shall be further notified.

Continuation of RoSCTL for Apparel/Garments and Made-ups is expected to make these products globally competitive by rebating all embedded taxes/levies which are currently not being rebated under any other mechanism. This will also ensure a stable and predictable policy regime and provide a level playing field to Indian textiles exporters.

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