India, April 1 -- The Government of India has issued a release:
The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel/garments and made-ups up to 30th September 2026 or until approval of the Scheme for the 16th Finance Commission cycle by the competent authority, whichever is earlier. The extension is without any change in existing guidelines.
Operational since 7th March 2019, the RoSCTL Scheme aims to rebate all embedded State and Central taxes and levies not covered under any other scheme, thereby enhancing the global competitiveness of India's apparel and made-ups exports. The Scheme is based on the principle of zero-rating of exports, ensuring remission of unrefun...