SIMA hails the extension of RoSCTL scheme till March 2026Indian Textiles & Clothing (T&C) sector is contributing around 8.00% to country’s overall exports. The export of T&C is stagnant at around USD 35 to 37 bn and saw a major rise during 2021-22, due to pent up demand immediately after the second COVID wave. The Government has been effectively formulating new export promoting schemes and revising the existing ones viz., Duty Drawback, IES, RoSCTL, RoDTEP, etc., to sustain the global competitiveness of the exporters, so as to retain the existing market in addition to exploring new markets. With a view to effectively implement the principle that taxes and duties should not be exported and to enable a level playing field in the international market for Indian players, the blocked duties and levies on export products are being refunded through Rebate of State and Central Taxes and Levies (ROSCTL) Scheme by the Ministry of Textiles, Government of India with effect from 7.03.2019, replacing the Rebate of State Levies (RoSL) Scheme. The Scheme applies to export of Garment/Apparels and Made-ups. This export incentive is in addition to the Duty Drawback Scheme applicable to export. Though, originally the RoSCTL Scheme was valid till 31.03.2020, it was extended intermittently through budgetary allocations and is currently valid till 31.03.2024.