The government last week separately notified Rebate of State and Central Levies and Taxes (RoSCTL) Scheme for garment exporters. Both RoDTEP and RoSCTL will remain in effect for three years till March 2024. Both the schemes together will cost the government ₹19,400 crore for FY22. Governme...
Some of these initiatives come in the light of successful measures that were put in place for the local manufacturing sector, for instance, the Electrical Manufacturers Rebate, which was introduced in 1999 that provides for duty free importation of Completely Knocked Down parts by approved electrical...