The Government on August 13, 2021 issued Notification regarding continuation of Scheme for Rebate of State and Central Taxes and levies (RoSCTL) on export of garments and made-ups to enhance competitiveness of these sectors.
- Government has decided to continue the RoSCTL w.e.f. 01st January 2021 to 31st March 2024 for apparel/garments (under Chapter 61 and 62) and Made-ups.
- The sectors covered under this scheme–apparel/garments and made-ups–will not get benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. However, textiles products which are not covered under the RoSCTL would be eligible to avail the benefits, if any, under RoDTEP scheme.
- Under the RoSCTL scheme, exporters are issued a duty credit scrip for the value of embedded taxes and levies contained in exported products. Exporters can use this scrip to pay tax while importing equipment, machinery.
- The Scheme shall be implemented by Department of Revenue with end to end digitization for issuance of transferable Duty Credit Scrip.
