The Rebate of State Levies scheme, after the introduction of GST in 2017, was replaced by RoSCTL. “RoSCTL is a forward-looking and growth-oriented scheme which has provided a stable and predictable policy regime, helping boost exports and employment,” Goenka said.
The scheme has helped improve cost efficiency and the export competitiveness in the international market, he added. He said it has also promoted incubation of startups and entrepreneurs in the domain and also led to a large number of MSMEs joining the apparel export business.
Further, the chairman requested the government to resolve certain operational issues with respect to availing the scheme.