Govt extends RoSCTL till Mar 2024; Industry hails the decision
The Union Cabinet, chaired by the Prime Minister, on July 14, 2021, gave its approval for continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme with the same rates till March 31, 2024 for the exports of apparel garments and made-ups.
The Union Cabinet, chaired by the Prime Minister, on July 14, 2021, gave its approval for continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme with the same rates till March 31, 2024 for the exports of apparel garments and made-ups.
Thanking Prime Minister Narendra Modi and Union Textiles Minister Piyush Goyal for their continued support to the industry, including the textile sector, ASSOCHAM President, Vineet Agarwal, said, “We have long advocated rebates of taxes and duties embedded in the system on exports. The RoSCTL scheme would give our textile industry a level playing field, competing with our neighbouring countries which enjoy duty-free access to the all-important European market.â€
ASSOCHAM past-President and Chairman of a well-diversified Welspun Group, B K Goenka, said, “The important initiative of RoSCTL would go a long way in establishing India as one the most competitive and reliable sources for textile products and generate employment right across the value chain. The textile exports are an important contributor to India’s foreign exchange reserves. Besides, the industry is inter-twined well with the cotton growers and the entire farm sector.â€
The Southern India Mills’ Association (SIMA) has also welcomed the decision of the Union Government to extend the RoSCTL scheme for further three years. Ashwin Chandran, Chairman, SIMA, said, “The industry had been struggling with the stagnated exports of garments and made-ups for more than four years, started getting good market opportunities in the post-COVID period. The industry could not make commitments and materialise the orders in the absence of RoSCTL benefit and has been facing stress during the last couple of months. The announcement (of extension of RoSCTL) has now given enough confidence and level playing field to increase the exports and create new jobs for several lakhs of people.”
SIMA Chairman has also welcomed the decision of the Cabinet Committee to cover all the remaining textile products in the value chain in the RoDTEP scheme that would enhance the global competitiveness of yarns and fabrics. He has hoped that the rates would be announced soon for all the remaining products that are not covered under RoSCTL
CATEGORIES Apparels & Garments
TAGS ASSOCHAM Vineet Agarwalpost-COVID periodPrime Minister Narendra ModiRoSCTLSouthern India Mills' AssociationUnion CabinetUnion GovernmentUnion Textiles Minister Piyush Goyal
is claritin stronger than benadryl prescription strength allergy meds generic allergy medication list
buy sleeping tablets online uk order phenergan 10mg
buy deltasone 5mg generic prednisone without prescription
alternative painkiller to co codamol where can i buy ciprofloxacin
prescription medication for severe acne order benzoyl peroxide how to clear adult acne
strongest over the counter allergy purchase azelastine generic major brand allergy pills
best heartburn medicine altace oral
isotretinoin 40mg without prescription isotretinoin order online isotretinoin 20mg price
buy generic amoxil for sale amoxicillin 500mg generic order amoxicillin 1000mg without prescription
order gabapentin 100mg without prescription order neurontin 800mg for sale
order prednisolone 5mg generic omnacortil 10mg us buy omnacortil
order amoxicillin online cheap amoxicillin 500mg pill amoxil 500mg sale
purchase albuterol online cheap purchase albuterol pill albuterol online order
order levitra 10mg buy vardenafil 20mg online
order tizanidine 2mg generic order tizanidine generic buy tizanidine sale
order amoxil 1000mg without prescription cheap amoxil sale order amoxicillin online cheap
albuterol 2mg for sale order ventolin 4mg generic buy ventolin 4mg online cheap
buy augmentin generic oral amoxiclav buy cheap augmentin
generic prednisolone 40mg omnacortil brand buy prednisolone generic
buy gabapentin online order neurontin 100mg for sale order gabapentin pill
clomid online buy order clomid 100mg sale where to buy clomid without a prescription
order generic lasix order furosemide without prescription order furosemide generic
sildenafil 100mg cheap sildenafil citrate 50mg buy viagra online cheap
doxycycline 100mg ca doxycycline 200mg cost purchase monodox
semaglutide 14 mg canada buy rybelsus tablets cost rybelsus
levitra 10mg pill purchase vardenafil online cheap vardenafil 20mg pill
brand lyrica 75mg buy lyrica 75mg without prescription cost pregabalin
overnight delivery for cialis cialis 5mg over the counter tadalafil 40mg generic
Very beneficial, looking forward to returning. [url=http://postmaster.jetsystem21c.com/bbs/board.php?bo_table=free&wr_id=99735]Prijzen van asasantin in Brussel, België[/url]
buy cenforce 100mg order cenforce 100mg sale buy cenforce generic
generic chloroquine order aralen 250mg generic aralen ca
orlistat 120mg pills buy generic diltiazem over the counter diltiazem 180mg over the counter
amlodipine order buy amlodipine 10mg sale buy norvasc tablets
order crestor 20mg for sale buy crestor no prescription cheap ezetimibe
zestril 10mg usa order zestril 10mg online cheap zestril canada
buy atenolol 100mg sale tenormin price tenormin 100mg pills
… [Trackback]
[…] Read More Info here to that Topic: indiantextilejournal.com/govt-extends-rosctl-till-mar-2024-industry-hails-the-decision-2/ […]
inderal for sale cheap plavix plavix cheap
term papers help my father essay writing order research paper
metoclopramide 20mg cost oral losartan 25mg buy losartan 25mg generic
flomax drug flomax 0.4mg sale order celecoxib generic
order dutasteride online buy ranitidine 150mg for sale order ranitidine 300mg generic
simvastatin pills order valacyclovir generic valacyclovir usa
propecia online buy finasteride generic fluconazole 200mg cost
acillin for sale buy acticlate amoxil online
… [Trackback]
[…] There you can find 19489 additional Information on that Topic: indiantextilejournal.com/govt-extends-rosctl-till-mar-2024-industry-hails-the-decision-2/ […]
order ciprofloxacin 1000mg – purchase augmentin generic augmentin 625mg over the counter
order ciprofloxacin 500mg pill – erythromycin buy online erythromycin 250mg for sale
buy lasix sale diuretic – prazosin over the counter order capoten 25 mg pills
order glycomet – purchase bactrim online cheap lincomycin pills
buy generic retrovir over the counter – buy zyloprim pills for sale buy generic allopurinol 300mg