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Friday, 15 November 2019

Textile exporters’ association seeks PM’s help on release of RoSCTL dues

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The Home Textile Exporters’ Welfare Association (HEWA) is fraught with pending dues under the taxes and levies rebate scheme, and is seeking the help of Prime Minister Narendra Modi in the matter.

In March, the Government had announced the Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL) scheme which provides rebate on all embedded taxes on exports, but HEWA claims exporters are yet to receive the refunds from this scheme which have been pending since last 8 months.

“As the matter is still under consideration of the PM Office, we are hopeful that we will get a positive response at the earliest,” said Anant Srivastava, Director, HEWA.

It is important for the exporters to receive the pending amount at the earliest in order to be able to send out their consignments on time.

According to Anant Srivastava, a delegation from HEWA met Union Textiles Minister Smriti Irani in September and had detailed discussion on pending RoSCTL dues.

Under the scheme, maximum rate of rebate for apparel is 6.05 per cent while for made-ups, this goes up to 8.2 per cent. The made-ups segment comprises home textile products such as bed linen, pillows and carpets.

Source:-https://in.apparelresources.com/

    
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