logo
MoneyWireGovt extends rebate of state, central taxes, levies scheme for 3 months

Govt extends rebate of state, central taxes, levies scheme for 3 months

This story was originally published at 21:55 IST on 30 September 2026
Register to read our real-time news.

Informist, Wednesday, Sept. 30, 2026

 

NEW DELHI - The textiles ministry Wednesday extended the Rebate of State and Central Taxes and Levies or RoSCTL scheme for a period of three months, from Oct. 1 to Dec. 31. The scheme was due to end on Wednesday and has been extended at the existing rates.

 

The scheme, operationalised since 2019, provides remission of eligible embedded state and central taxes and levies that are not refunded through other mechanisms. During 2025–26 (Apr-Mar), the scheme benefited more than 15,400 exporters across over 444 districts, with the beneficiary base comprising predominantly micro, small and medium enterprises, the ministry said in a press release.

 

The scheme is anchored in the principle of zero-rating of exports, and seeks to ensure that domestic tax incidences do not burden exported products, thereby boosting the global competitiveness of India's apparel and made-ups sector. "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," it added.

 

The government is estimated to have spent INR 100.10 billion on RoSCTL in FY26, according to the revised estimate given in the FY27 Budget. 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, it said.  End

 

Reported by Pratiksha 

Edited by Avishek Dutta

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillink

Related Stories