Related Keywords: apply with Let Export Order, from yarn to finished garments, Ministry of Textiles, notified first of its kind scheme, or central sales tax on inputs, Rebate of State Levies on Export of Garments, ROSL, scheme seeks to rebate state value added tax, stages of production, unique features
The ministry of textiles has notified first of its kind scheme with unique features for Rebate of State Levies on Export of Garments (ROSL) which will apply with ‘Let Export Order’. The scheme seeks to rebate state value added tax or central sales tax on inputs, including packaging and fuel, duty on electricity generation and duties, and charges on purchase of grid power, as accumulated through the stages of production from yarn to finished garments.
The ministry has notified the rebate rates for all items covered under chapters 61 and 62 of the All Industry Rates of drawback.
