India, Sept. 30 -- The Government of India has issued a release:
Operational since 7 March 2019, the Scheme provides remission of eligible embedded State and Central taxes and levies that are not refunded through other mechanisms. Anchored in the principle of zero-rating of exports, it seeks to ensure that such domestic tax incidences do not burden exported products, thereby strengthening the global competitiveness of India's apparel and made-ups sector.
During 2025-26, the Scheme benefited more than 15,400 exporters across over 444 districts, with the beneficiary base comprising predominantly MSMEs. Its wide geographical reach underscores the Scheme's role in supporting a dispersed manufacturing ecosystem and strengthening the participat...