Addition of provision regarding to the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) notified by the Ministry of Textile

Apr 02, 2019 | by Avantis RegTech Legal Research Team


The Department of Commerce on March 29, 2019, has made amendments in the Foreign Trade Policy (FTP) 2015-2020 to add a provision regarding to the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) notified by the Ministry of Textile.

A sub-para (c) has been inserted in the para 4.01 of the Foreign Trade Policy as below:

Sub-para (c): Scheme for Rebate on State and Central Taxes and Levies (RoSCTL), as notified by the Ministry of Textile on March 07, 2019, and implemented by the Directorate General of Foreign Trade (DGFT).

Effect of the Notification: A new sub para has been inserted in the Foreign Trade Policy to give effect to the Ministry of Textiles Notification dated March 07, 2019 regarding the  Scheme for Rebate on State and Central Taxes and Levies.

[Notification No. 59/2015-2020]

Click here to download the Notification.

 


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