The Government on Thursday approved the continuation of an export incentive scheme – RoSCTL – for apparel, garments and made-ups up to 31st March 2026.
In addition to the rebate offered under the duty drawback plan on the export of clothing, accessories, and made-up items, the Rebate of State and Central Taxes and Levies (RoSCTL) scheme aims to make up for the state and central taxes and levies.
“The Union Cabinet chaired by Prime Minister Narendra Modi approved the continuation of scheme for RoSCTL for export of apparel/garments and made-ups up to 31st March 2026,” an official statement said.
According to the statement, the action would provide a solid regulatory framework, which is crucial for long-term trade planning, particularly in the textile industry where long-term delivery orders can be put in advance.
“The continuation of RoSCTL will ensure predictability and stability in policy regime, help remove the burden of taxes and levies and provide level-playing field on the principle that goods are exported and not domestic taxes,” it said.
The scheme was launched in 2020. It had been extended till March 2024 earlier. Improving the apparel and made-up industries’ export competitiveness would be aided by the current extension through March 2026.
RoSCTL guarantees the return of taxes, tariffs, and levies paid by exporters throughout the production and delivery of commodities if they are not compensated by any other federal, state, or local system. The programme is founded on the widely accepted idea that exporting taxes and levies will prevent the worldwide market for exports from being unfair.
