New Delhi, Sept. 16 -- The central government has made amendment in the Rebate of State and Central Taxes and Levies (RoSCTL) scheme which gives Indian garment exporters relief from favourable appreciation in transferable duty credit scrips.
Apparel Export Promotion Council (AEPC) has welcomed the move and expressed its gratitude to the government for the considering the pending request for deletion of provision of making the transferee liable from the RoSCTL conditions.
Speaking on this development Chairman AEPC Naren Goenka said, The Government of Indias RoSCTL scheme has benefitted the Apparel and Made-up Sector. AEPC had been requesting that the transferee clause as given in the Notification No. 77/2021 dated 24.09.2021 of DoR, m...