As the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) in Apparels and Made-Ups Sector completes one year of its extension, the Apparel Export Promotion Council (AEPC) has thanked the Government for the various support measures provided to the apparel industry.
The AEPC has also urged the Government towards realising the full potential of RoSCTL Scheme; the transferee clause, as given in the DoR Notification, making transferee liable in the case of non-realisation of the exporter proceeds, should be deleted. The exporters have been facing operational issues with respect to availing the scheme.
In a statement, Naren Goenka, Chairman, AEPC, said that RoSCTL is a forward-looking and growth-oriented scheme which has provided a stable and predictable policy regime, helping boost exports and employment.
“The scheme helped improve cost efficiency and the export competitiveness in the international market. It has also promoted incubation of start-ups and entrepreneurs in the domain and also led to the large number of MSMEs joining the apparel export business,” he said.
The RoSL scheme, which after the introduction of GST in 2017, was replaced by a new scheme – RoSCTL in March 2019.
On 14 July 2021, Government approved the continuation of RoSCTL with the same rates as notified by the Ministry of Textiles for exports of apparel/garments and made-ups till 31 March 2024 to boost the exports and job creation.
