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ROSCTL SCHEME
Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...- Textile exporters seek 5-Year RoSCTL extension for global competitivenessThe Home Textile Exporters’ Welfare Association (HEWA) is seeking a five-year extension for the RoSCTL scheme, a WTO-compliant mechanism cr...
- Commerce dept mulls options for key export schemesThe ministry has moved a note for the approval of the Expenditure Finance Committee (EFC) to extend to the Interest Equalisation scheme by ...
- Outlay for export tax remission plans unlikely to change in BudgetThe government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands fo...
- Government approves continuation of export incentive scheme for apparel, garment till March 2026The government approved the continuation of an export incentive scheme - RoSCTL - for apparel, garments, and made-ups up to March 31, 2026....
- Budget: Govt approves continuation of export incentive scheme for apparel, garment till March 2026The Rebate of State and Central Taxes and Levies (RoSCTL) scheme is aimed at compensating for the state and central taxes and levies in add...
- What GoI should do to ensure India's textile industry doesn't lose its competitive edgeOne of the major incentives launched by GoI in 2016 was the Rebate of State Levies (RoSL) scheme for the apparel and made-up sector. In kee...
- RoSCTL helping boost exports, employment: AEPCThe Rebate of State Levies scheme, after the introduction of GST in 2017, was replaced by RoSCTL.
- Centre extends RoSCTL scheme for export of garments, apparelsWith a view to boost exports and job creation in the textile sector, the government has approved the continuation of the Scheme for RoSCTL ...
- Govt to release Rs 56,027 cr to exporters for pending tax refundsThis amount is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme an...
- RoDTEP: India notifies duty rebate rates to give exports the push it needsRates for different sectors range between 0.3-4.3% under the incentive scheme that aims to refund exporters duties and taxes such as VAT on...
- Govt notifies extension of RoSCTL scheme for textile exportersOn July 14, the Cabinet approved the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme under which garment e...
- RoSCTL to help textile sector attain $100 bn export: A Sakthivel, Chairman, AEPCIndia’s apparel exports have been losing market share to competitors. It fell by 20.8% in one year from $15,509 million in 2019-20 to $12,2...
- For policy stability, Cabinet okays 3-year extension of RoSCTL scheme for textiles exportersThis will provide a level playing field to exporters and boost Indian textile exports and make these products globally competitive by rebat...
- Govt approves extension of RoSCTL scheme for textiles exportersThe Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for continuation of Rebate of State and Central Taxes and ...
- Textiles ministry notifies extension of scheme to rebate taxes on garment exportsGarment exporters will continue to get rebate on central and state taxes on their outward shipments as the government has decided to extend...
- Cabinet approves extension of rebate of taxes scheme for export of garments, made-ups from April 1The Union Cabinet approved extension of scheme for Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups from Apr...
- Govt rolls back duty benefits to apparel exports as it retains state taxes rebate schemeThe ministry has rolled back the incentives under the MEIS under which the government provides duty benefits depending on product and count...
- New sops to check yarn exports fallTextile push incentives aimed at boosting yarn, fabric sector after 35% fall in cotton yarn exports in Q1.
- Commerce ministry proposes a new export incentives schemeThe new scheme will allow reimbursement of duties on export inputs and indirect taxes through freely transferrable scrips.
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