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    <author>ENA</author>
    <category>Sectors</category>
    <date>2026-02-09 17:33:30</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Feb 9 (KNN)&lt;/strong&gt; The Confederation of Indian Textile Industry (CITI) has urged the government to extend the Rebate of State and Central Taxes and Levies (RoSCTL) scheme beyond its current expiry date of March 31, 2026. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In a press release on February 9, 2026, CITI sought a minimum 5-year extension of the scheme to provide stability to apparel and made-ups exporters and protect employment in the sector.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;CITI Chairman Ashwin Chandran said, CITI believes that a predictable policy framework is critical for enabling companies in the apparel and made-ups sectors to plan investments, remain competitive in global markets, and prevent job losses, besides reinforcing Indias position as a reliable global sourcing destination at a time when the textile and apparel sector continues to be buffeted by global headwinds.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Request for Rate Revision and Wider Coverage&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;CITI has also asked for a revision of RoSCTL rates to account for sustained cost inflation and certain embedded taxes that remain unreimbursed, including stamp duties, levies on renewable energy equipment, and service-linked charges.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In addition, the industry body has called for the removal or revision of rebate caps, citing currency depreciation as a factor limiting real benefits. It has also sought an expansion of the schemes coverage to Special Economic Zones (SEZs), Export Oriented Units (EOUs), advance authorisation holders, and e-commerce exports. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To improve fund realisation, particularly for MSME exporters, CITI has proposed the introduction of Direct Benefit Transfer (DBT) or wider use of scrips.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Role of the Scheme&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The RoSCTL scheme aims to offset State and Central taxes and levies on exports of apparel, garments, and made-ups, in addition to the Duty Drawback scheme. CITI stressed that RoSCTL is a tax-neutrality mechanism rather than a subsidy, aligned with the global principle of zero-rating exports.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Industry Concerns&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;According to industry estimates, export volumes could have fallen by 25 50 per cent during recent global downturns without the RoSCTL scheme. Over the past five years, while input costs rose by 3 4 per cent annually, export prices remained largely unchanged, with the scheme helping bridge the cost gap.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;CITI said the scheme has helped safeguard over eight lakh jobs during this period, making it a significant employment-protection measure.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>45084</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/citi-calls-for-5-year-rosctl-scheme-extension-to-protect-apparel-made-ups-exports-jobs</link>
    <pubDate>2026-02-09 17:33:30</pubDate>
    <source>knnindia.co.in</source>
    <title>CITI Calls For 5-Year RoSCTL Scheme Extension To Protect Apparel, Made-Ups Exports &amp; Jobs</title>
</root>
