With reference to Rebate of State and Central Taxes and Levies RoSCTL consider folllowing state...........

Economic Affairs Tax System

With reference to Rebate of State and Central Taxes and Levies (RoSCTL), consider folllowing statements

It replaces the Rebate of State Levies (RoSL) scheme.
Under the said scheme state and central taxes and levies which are present in the cost of exports of garments and made-ups shall be rebated.
It was available only for garments and made ups.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

It replaces the Rebate of State Levies (RoSL) scheme, a monetary incentive scheme under which Customs would deposit the rebate directly into the exporter’s bank account.
The Ministry of Textiles notified the introduction of RoSCTL in March 2019. It was followed by the release of the RoSCTL rate list and a CBIC notification on the scheme
Under the said scheme state and central taxes and levies which are present in the cost of exports of garments and made-ups shall be rebated.
It was available only for garments and made ups. It was introduced by the Ministry of Textiles.

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