Related Keywords: benefit of made up exports, competitive in world markets, cut and sew products, garment exports, GST subsuming all other taxes and benefits, Indian made ups, post GST, ROSL, Textile industry fears Rebate of State Levies scheme, urged government to continue with ROSL, withdrawn prematurely
The textile industry fears that the Rebate of State Levies (ROSL) scheme will be withdrawn prematurely, with Goods and Service Tax (GST) subsuming all other taxes and benefits and hence urged the government to continue with the ROSL scheme post GST for the benefit of made up exports.
ROSL scheme was introduced in March 2017 initially for three years. Under ROSL, exporters of made ups get incentives of 3.9 percent of the value of exported goods.
