SCHEME FOR REBATE OF STATE LEVIES (RoSL)

March 8, 2019

The Union Cabinet has approved the Scheme to Rebate State and Central Embedded Taxes to Support the Textile Sector.

About: 

  • Background: At present, apparel and made-ups are the two segments supported under the Scheme for Rebate of State Levies (RoSL). However, certain State as well as Central Taxes are continued to be present in the cost of exports. 

  • Recent Cabinet Decision: 
    • The Cabinet decision provides for a scheme to rebate all embedded State and Central Taxes/levies for apparel and made-ups which have a combined share of around 56% in India’s textile export basket. 

    • Rebate of taxes/levies has been permitted through an IT-driven scrip system at notified rates. 



  • Benefits: 
    • The proposed measures are expected to make the textile sector competitive. 

    • This will enable the Government to take various measures for making exports of apparel and made-ups zero rated, thereby boosting India’s competitiveness in export markets and ensure equitable and inclusive growth of textile and apparel sector. 



Source : The Hindu

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