Pointing out that export business has significantly picked up after the announcement of rebate of state and central taxes and levies (RoSCTL) scheme, AEPC has urged the Union Commerce Ministry to implement the scheme as soon as to enable exporters to take full benefit of the scheme. The Apparel Export Promotion Council (AEPC) has also sought a clarification on disbursal of the rebate on export of garments and made-ups from the ministry.
RoSCTL was announced on March 7, 2019. As per the scheme, the rebate on state levies (RoSL) for the apparel exports was reduced to 1.7 per cent from 3.5 per cent when the GST was implemented. Now, along with 1.7 per cent RoSL, 4.35 per cent rebate of central embedded taxes and levies would be provided to exporters under the RoSCTL scheme, which would be valid only up to March 31, 2020.