 "textiles, clothes, garments")
The union cabinet on Wednesday extended the Rebate of State and Central Levies and Taxes (RoSCTL) scheme till March 2024, a move aimed at helping the textile exporters.
“Continuation of RoSCTL for apparel/garments and made-ups is expected to make these products globally competitive by rebating all embedded taxes/levies which are currently not being rebated under any other mechanism. It will ensure a stable and predictable policy regime and provide a level playing field to Indian textiles exporters. Further, it will promote startups and entrepreneurs to export and ensure creation of lakhs of jobs,” an official statement said.
The sectors covered under this
