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TMI BlogSCHEME FOR REBATE OF STATE LEVIES ON EXPORT OF GARMENTSX X X X Extracts X X X X X X X X Extracts X X X X ..... ENCEMENT 1.1 The scheme shall be called Scheme for Rebate of State Levies on Export of Garments 2016. (hereinafter referred to as the ROSL Scheme). The said Scheme will come into operation from 20th September 2016 and shall remain in operation for a period of three (3) years from that date. 2. OBJECTIVE 2.1 In accordance with the recognised economic principle of zero rating of export products and in recognition of the fact that at present only Central Levies are rebated by way of the drawback scheme, it has been decided that the Central Government would provide for remission of State Levies in addition to the Duty Drawback Scheme, through the Scheme for Rebate of State Levies on Export of Garments on an average basis only. The s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e specific State Levies under any other mechanism. 4.3 The rebate is not applicable for exports made under pre-existing Advance Authorisation Scheme. 4.4 The Government reserves the right to suitably adjust the rate and caps in the light of change in relevant underlying conditions. 5. CLAIM FOR REBATE 5.1 The ROSL scheme is optional for the exporter. An exporter opting for this scheme shall make claim for rebate on drawback exports at item-level signifying both his subscription to and acceptance of the terms and conditions of the Scheme as well as exporter s declaration of compliance to Para 4.2 hereinabove. The method of exercising such claim-cum-declarations shall be publicised separately. 6. BUDGETARY PROVISION AND PAYM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oceeds within time allowed under the Foreign Exchange Management Act, 1999 failing which such rebate shall be deemed never to have been allowed on the same lines as Duty Drawback. Further, any other cause that also affects the Duty Drawback shall be deemed to have the similar effect on the rebate. In these cases, the officers of CBEC shall in any case be adopting the processes as applicable to Duty Drawback Scheme for repayment of erroneous or excess paid Duty Drawback and its recovery. The decisions with respect to Duty Drawback, including in cases of disputes, shall be deemed to apply mutatis mutandis to the rebate under this scheme and repayment or recovery made accordingly by the officer of CBEC. Further, the exporter shall return any ..... X X X X Extracts X X X X X X X X Extracts X X X X
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