India News | Ministry of Textiles Extends RoSCTL Scheme Till 31 December 2026
Get latest articles and stories on India at LatestLY. The Ministry of Textiles on Wednesday extended the RoSCTL Scheme for exports of apparel/garments and made-ups for a further period of three months, from 1 October to 31 December 2026, at the existing rates and under the prevailing guidelines.
New Delhi [India], September 30 (ANI): The Ministry of Textiles on Wednesday extended the RoSCTL Scheme for exports of apparel/garments and made-ups for a further period of three months, from 1 October to 31 December 2026, at the existing rates and under the prevailing guidelines.
Operational since 7 March 2019, the Scheme provides remission of eligible embedded State and Central taxes and levies that are not refunded through other mechanisms.
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Anchored in the principle of zero-rating of exports, it seeks to ensure that such domestic tax incidences do not burden exported products, thereby strengthening the global competitiveness of India’s apparel and made-ups sector.
During 2025–26, the Scheme benefited more than 15,400 exporters across over 444 districts, with the beneficiary base comprising predominantly MSMEs. Its wide geographical reach underscores the Scheme’s role in supporting a dispersed manufacturing ecosystem and strengthening the participation of small and medium exporters in global markets.
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The extension will ensure policy continuity and predictability for exporters, while sustaining the competitiveness of India’s labour-intensive and value-added apparel and made-ups sector in an increasingly competitive global trading environment. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)