Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Scheme for Rebate of State and Central Taxes and Levies on export of garments and made ups (RoSCTL)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... try of Textiles (MoT), which has come into effect from 07.03.2019 discontinuing the existing Rebate of State Levies (RoSL) scheme for garments and mad Under this Scheme the benefit to exporters shall be given by DGFT in form of Merchandise Exports from India Scheme (MEIS) type duty credit scrips. [Refer Circular No. 10/2019-Customs dated 12.03.2019, Notification No. 14/26/2016-IT (V dated 07.03.2 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o. 14/26/2016-IT/Vol. II dated 14.01.2020 has notified the scheme for Additional Ad-hoc Incentive of upto 1% of Foß value to be given to such exports of garments and made- ups. Under the RoSCTL and Additional Ad-hoc incentive schemes, the rebate will be granted by DGFT in the form of electronic duty credit scrips similar to the scrips issued under MEIS. The benefit under the two schemes will .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates