Govt extends interim relief to garment, made-up exporters till Sept 30 through RoSL Scheme

New Delhi, Aug 2 (KNN) Giving relief to garment and made-ups exporters’ in the country, a transitional arrangement for the period 1st July 2017 to 30th September 2017 has been announced.

The exporters can now claim Remission of State Levies (ROSL) at the rates prior to introduction of GST.
 

In a statement, Ministry of Textiles said, “In order to support exporters of garments and made-ups, the Government has announced as a transitional arrangement that for the period 1st July 2017 to 30th September 2017, the exporter may claim Remission of State Levies (ROSL) at the rates prior to introduction of GST.”

Post GST implementation, the government had recently cut the RoSL rate to a uniform 0.39% of the freight-on-board value of products meant for exports (up to September 2017), against the pre-GST levels of 2.9-3.9%. Garment exporters, however, protested against the move and requested the finance ministry to restore the earlier RoSL rate.

Under RoSL garment exporters get refunds from the Centre against all the levies they pay at the states’ level. The government has budgetted Rs 1,555 crore for the RoSL scheme in 2017-18. (KNN Bureau)