Rebate of State and Central Taxes and Levies scheme issues transferable electronic duty credit scrips to offset customs and excise duties. The RoSCTL scheme rebates State and Central levies on exports of garments and made ups and, together with a compensatory Additional Ad hoc Incentive, issues benefits as single, freely transferable electronic duty credit scrips to be utilised for payment of specified Customs and Central Excise duties; notifications and DGFT procedures govern scrip issuance, transferability, use, recovery for over claims and administrative implementation.
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Provisions expressly mentioned in the judgment/order text.
Rebate of State and Central Taxes and Levies scheme issues transferable electronic duty credit scrips to offset customs and excise duties.
The RoSCTL scheme rebates State and Central levies on exports of garments and made ups and, together with a compensatory Additional Ad hoc Incentive, issues benefits as single, freely transferable electronic duty credit scrips to be utilised for payment of specified Customs and Central Excise duties; notifications and DGFT procedures govern scrip issuance, transferability, use, recovery for over claims and administrative implementation.
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