Related Keywords: a remission scheme, announced by Textile Ministry, for exporters, import additional duty drawback scheme, offset state levies, readjust duty drawbacks in the new GST regime, Rebate of State Levies on Export of Garments scheme, ROSL, seeking industry feedback, Union government
The Union government to readjust the duty drawbacks in the new Goods and Services Tax regime is seeking industry feedback on it. The ROSL (Rebate of State Levies on Export of Garments) scheme is a remission scheme to offset state levies is an import additional duty drawback scheme announced by the Textile Ministry for exporters in late 2016.
Exporters remained wary about the duty drawbacks in the GST era as clarity over continuation or in which form remained a grey area till now. But they are continuing to book orders presuming it will continue.
