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The Union Cabinet has approved the continuation of Rebate of State and Central Taxes and Levies (RoSCTL) scheme for apparels, garments and made ups with the same rates notified by the Ministry of Textiles in March 2019.

According to an official statement, the scheme would continue till March 31, 2024.,fivb-volleyball-vnl

live-cricket-app-apple,“Revised guidelines for continuation and implementation of the RoSCTL scheme shall be prepared by the Ministry of Textiles in consultation with the Department of Revenue with necessary flexibilities to fine-tune the operational details, implementation modalities and scheduling etc.,” as per the statement.

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kik-finder-female,Annual apparel and made ups exports are worth about $22 billion. The decision to continue with the scheme has removed uncertainties for the garment and made ups exporters, he said.


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efl-live-scores, Printable version | Jul 29, 2021 7:42:02 PM | http://www.rpgtr.in/business/tax-scheme-for-garments-to-continue/article35331628.ece

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