NEW DELHI: The Union Cabinet Thursday approved the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for apparel, garments and made-ups till March 31, 2026, a move aimed at enhancing the export competitiveness of garment and made-up sectors.
The scheme was launched in 2020. Earlier, it was extended till March 2024. "The Union Cabinet chaired by Prime Minister Narendra Modi approved the continuation of the scheme for RoSCTL for export of apparel/garments and made-ups up to March 31, 2026," the government said in a statement.
The move will provide a stable policy regime, which is essential for long-term trade planning, the statement said.
"The continuation of RoSCTL will ensure predictability and stability in policy regime, help remove the burden of taxes and levies and provide a level-playing field on the principle that goods are exported and not domestic taxes," it said.
The products not covered under the RoSCTL scheme are eligible to avail the benefits under the scheme for Remission of Duties and Taxes on Exported Products for exemption.