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of <h1>New ROSL Scheme Offers Rebates on State Levies for Textile Exporters; Ensure Compliance and Declare Eligibility for Benefits.</h1> The Rebate of State Levies (ROSL) Scheme, as outlined by the Ministry of Finance, aims to provide rebates on state levies for exporters of made-up textiles. This includes VAT, CST, and other state duties incurred during production. Exporters must opt into the scheme by selecting specific codes in their Shipping Bill, and the rebate will be automatically credited to their registered bank accounts. The scheme is optional, and exporters must declare eligibility and ensure compliance with relevant guidelines. The ROSL disbursement process mirrors that for garments and requires valid bank account details for efficient processing. Changes are effective from March 23, 2017.
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