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Govt examines drawback benefit schemes in GST regime

Exporters remained wary about duty drawbacks as clarity over continuation remained a grey area

Press Trust of India  |  Kolkata 

The Union government is seeking industry feedback on how to readjust the duty drawbacks in the new Goods and Services Tax regime. "It will change. Sought views of the industry as state levies are subsumed in GST," Union Textiles additional secretary Subrata Gupta said when asked whether the ROSL (Rebate of State Levies on Export of Garments) scheme will continue in the present form during GST regime. He was in the city in a CII-supported roadshow - Textiles India 2017. ROSL, a remission scheme to offset state levies is an import additional duty drawback scheme announced ...

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First Published: Mon, June 12 2017. 17:54 IST
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