Cabinet approves extension of Rebate in Taxes on Export of Garments and Made-ups

Circular No.ES/285/2019-20                                      26th March, 2020

 

To: Members of the Council

 

Sub.: Cabinet approves extension of Rebate in Taxes on Export of Garments and Made-ups

Dear Member,

We would like to inform you that the Prime Minister, Shri Narendra Modi has approved the extension of Rebate of State and Central Taxes and Levies (RoSCTL) from 1st April, 2020 onward until such time that the scheme is merged with Remission of Duties and Taxes on Exported Products (RoDTEP) (Press Release of the Union Cabinet dated 25th March, 2020).

 

Please make a note of the following points-

 

  • RoSCTL scheme for apparel and made-ups will be continued w.e.f. 1st April, 2020 without any change in scheme guidelines and rates as notified by the Ministry of Textiles till such time that the RoSCTL is merged with RoDTEP.

 

  • Continuation of RoSCTL beyond 31st March, 2020 is expected to make the textile sector competitive by rebating all taxes/levies which are currently not being rebated under any other mechanism.

Thanking you,

 Yours faithfully,

  

S. BALARAJU

EXECUTIVE DIRECTOR

 

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