New Delhi, Oct. 1 -- Amid geopolitical uncertainty, supply-chain disruptions and rising import costs, the government has extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for apparel and made-ups exporters by three months until 31 December. The scheme helps exporters contain costs and compete on price overseas.

The extension comes as the government works on a proposal to continue it for another five years, as Mint reported on 28 September.

Here is what the scheme does, who benefits and why its longer-term continuation matters.

Introduced in March 2019, RoSCTL refunds eligible state and central taxes, duties and levies embedded in exported apparel and made-ups that are not refunded through other mechanisms.

The ...