Rebate of State Levies scheme requires item-level scheme-code opt-in on shipping bills to claim rebate credited to drawback account. The ROSL scheme provides an optional central rebate for specified state levies on textile garments; exporters must opt in by selecting prescribed scheme codes at the item level on the EDI shipping bill, which constitutes the claim and declaration of eligibility. Rebate is calculated on FOB value using scheme rates and caps and is credited to the exporter's registered drawback account after processing. Shipping bills with LEO on or after the effective date are eligible if scheme codes are inserted; system and RES vendor changes reflect ROSL amounts and required declarations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rebate of State Levies scheme requires item-level scheme-code opt-in on shipping bills to claim rebate credited to drawback account.
The ROSL scheme provides an optional central rebate for specified state levies on textile garments; exporters must opt in by selecting prescribed scheme codes at the item level on the EDI shipping bill, which constitutes the claim and declaration of eligibility. Rebate is calculated on FOB value using scheme rates and caps and is credited to the exporter's registered drawback account after processing. Shipping bills with LEO on or after the effective date are eligible if scheme codes are inserted; system and RES vendor changes reflect ROSL amounts and required declarations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
