Home India Ministry of Textiles In pursuance of the decision of Cabinet to rebate all embedd...
Date: 2020-01-14 Category: Extra Ordinary State: Union Government Country: India

In pursuance of the decision of Cabinet to rebate all embedded State and Central Taxes

Issued by Ministry of Textiles · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Ministry of Textiles announces an additional ad-hoc incentive for apparel and made-up exports to offset the difference between the RoSCTL and RoSL/MEIS schemes from March 7, 2019, to December 31, 2019. This one-time incentive, up to 1% of FOB value, aims to rebate embedded State and Central Taxes and Levies. The incentive will be implemented via scrips, with claims needing validation by DGFT and DoR. Key Points / Main Content: Additional Ad-Hoc Incentive: * A special one-time additional ad-hoc incentive of up to 1% of FoB value will be provided for apparel and made-up exports. * The incentive is intended to offset the difference between RoSCTL (Rebate of State and Central Taxes and Levies) and RoSL/MEIS. * This applies to exports from March 7, 2019, to December 31, 2019. Financial Aspects: * The total ad-hoc incentive will not exceed Rs. 600 crore. * The incentive is applicable for exports receiving lesser benefits under RoSCTL compared to RoSL/MEIS. * The ad-hoc incentive will be implemented in the form of scrips. MEIS Withdrawal and Adjustments: * MEIS (Merchandise Exports from India Scheme) is withdrawn from March 7, 2019, for Chapters 61, 62, and 63. * Claims already paid under MEIS will be adjusted against RoSCTL, and recoveries will be made where necessary. Validation and Implementation: * DGFT (Directorate General of Foreign Trade) and DoR (Department of Revenue) will validate claims for correct disbursal of benefits. * Department of Revenue will provide the outlay for the scrips. Impact Analysis: Exporters of Apparel and Made-ups: Impact: Eligible exporters will receive an additional incentive of up to 1% of FOB value to offset reduced benefits from the RoSCTL scheme compared to the previous RoSL/MEIS scheme for exports made between March 7, 2019, and December 31, 2019. Action Required: File claims for the additional incentive, ensuring accurate documentation for validation by DGFT and DoR. Department of Commerce: Impact: Required to take necessary measures following the withdrawal of MEIS for specific chapters. Action Required: Adjust claims paid to exporters under MEIS against RoSCTL and recover dues where applicable. DGFT and DoR: Impact: Responsible for ensuring accurate disbursal of benefits. Action Required: Validate claims submitted by exporters for the additional ad-hoc incentive. Department of Revenue: Impact: Required to allocate funds for the ad-hoc incentive scrips. Action Required: Provide the necessary outlay for implementing the incentive scheme in the form of scrips.

Key Entities Referenced

Ministry of Textiles: The Indian government ministry responsible for the formulation of policy and coordination of the textile industry. New Delhi: The capital of India, where the notification was issued. Rebate of State and Central Taxes and Levies RoSCTL: A scheme notified by the Ministry of Textiles to rebate all embedded State and Central Taxes and Levies on apparel and madeups. Expenditure Finance Committee EFC: A committee involved in deciding on a special one-time additional adhoc incentive. Merchandise Exports from India Scheme MEIS: An export incentive scheme, being compared to RoSCTL in the context of providing additional ad-hoc incentives. DGFT: Directorate General of Foreign Trade; responsible for validation of claims for correct disbursal of benefits. DoR: Department of Revenue; responsible for validation of claims for correct disbursal of benefits. Chapters 61, 62 and 63: Refers to specific chapters, likely within the Harmonized System (HS) code, related to apparel and madeups, for which MEIS stands withdrawn.
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रिज(cid:4)(cid:5)ी स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 सी.जी.-डी.एलx.-xअxG.-I1D5H0x1xx2 020-215423 CG-DL-xEx-x1G5I0D1E2x0x2x 0-215423 असाधारण EXTRAORDINARY भाग I—ख(cid:2)ड I PART I—Section I (cid:5)ािधकार स े(cid:5)कािशत PUBLISHED BY AUTHORITY स.ं 10] नई !द"ली, मगं लवार, जनवरी 14, 2020/पौष 24, 1941 No. 10] NEW DELHI, TUESDAY, JANUARY 14, 2020/PAUSHA 24, 1941 व(cid:14)(cid:15) म(cid:15)ं ालय अिधसचू ना नई (cid:1)द(cid:3)ल ी, 14 जनवरी, 2020 िवषय: अ(cid:5)लै और मडे -अ(cid:22)स को अित(cid:24)र(cid:25)त तदथ (cid:28)(cid:5)ो(cid:30)स ाहन के बारे म।(cid:31) फा.स.ं 14/26/2016-IT/VOl. II.—अ(cid:8)ैल और मेड-अ(cid:10)स पर अंत(cid:14)निहत रा(cid:20)य और क(cid:23)(cid:24)ीय कर(cid:25) और लेिवय(cid:25) पर छूट दने े के मंि(cid:29)मंडल के िनण य के अनुसरण म (cid:23) व! (cid:29) मं(cid:29)ालय ने (cid:1)दनांक 07.03.2019 क" अिधसूचना सं#य ा 14/26/2016-आईटी(खंड-II) के तहत रा(cid:20) य(cid:25) और क(cid:23)(cid:24)ीय कर(cid:25) और लेिवय(cid:25) क" छूट योजना (आरओएससीटीएल) अिधसिू चत क" थी और (cid:1)दनांक 08.03.2019 क" अिधसूचना सं# या 14/26/2016-आईटी (खंड-II) के तहत आरओएससीटीएल योजना के अधीन दर(cid:23) अिधसूिचत क" थी। 2. यह भी अिधसूिचत (cid:1)कया जाता ह ै (cid:1)क $ यय िव%त सिमित (ईएफसी) &ारा उनक" 30.12.2019 क" बैठक म (cid:23) िलए गए िनण य के अनुसार, अपैरल और मेडअ(cid:10) स के िनया त के िलए 07.03.2019 से 31.12.2019 तक आरओएससीटीएल और आरओएसएल + एमईआईएस @ 4% के बीच अंतर क" (cid:8)ितपू(cid:14)त के िलए एफओबी मू(cid:3)य के 1% तक का िवशेष एक-बारगी अित*र+त तदथ (cid:8)ो% साहन (cid:8)दान (cid:1)कया जाएगा। 3. ईएफसी क" िसफा*रश (cid:23)िन0 निलिखत ह:1— क) योजना के अंतग त अित*र+ त (cid:8)ो%स ाहन िनयात क(cid:25) से (cid:8)ा(cid:10)त दाव(cid:25) के अनुसार होगा और ऊपर उि(cid:3)लिखत अविध के िलए कुल तदथ (cid:8)ो% साहन 600 करोड़ 4पए से अिधक नह6 होगा। 269 GI/20202 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. I] ख) योजना के अंतग त, अपैरल और मेडअ(cid:10)स के उन िनया त(cid:25) के िलए िज8ह (cid:23) आरओएसएल + एमईआईएस क" तुलना म(cid:23) आरओएससीटीएल के तहत कम लाभ (cid:8)ा(cid:10)त 9ए ह1, िश:पग िबल म (cid:23) (cid:8)%य के लाईन के िलए एफओबी मू(cid:3)य के 1% तक का (cid:8)ो% साहन (cid:8)दान (cid:1)कया जाएगा। ग) एमईआईएस को 07.03.2019 से हटा (cid:1)दया गया ह ै (अ;य ाय 61, 62 और 63 के िलए)। वािण(cid:20)य िवभाग तदनुसार आव= यक उपाय कर सकता है। एमईआईएस के अंतग त िनया तक(cid:25) को पहले ही भुगतान (cid:1)कए जा चुके दाव(cid:25) को आरओएससीटीएल के (cid:8)ित उपयु+ त ?प से समायोिजत (cid:1)कया जाएगा और जहां कह6 दये हो, वसूिलयां क" जाएंगी। घ) लाभ(cid:25) के सही संिवतरण के िलए डीजीएफटी और डीओआर &ारा दाव(cid:25) के वैधीकरण के उपाय (cid:1)कए जाएंगे। ङ) तदथ (cid:8)ो% साहन ि!A(cid:10) स के ?प म (cid:23)काया ि8वत (cid:1)कया जाएगा िजसके िलए राज!व िवभाग &ारा एक प*र$य य क" $य व!थ ा करने क" आव= यकता होगी। अ(cid:1)दित दास राउत, $य ापार सलाहकार MINISTRY OF TEXTILES NOTIFICATION New-Delhi, the 14th January 2020 Subject: Additional Ad-Hoc Incentive to Apparel and Made-ups – reg F. No. 14/26/2016-IT/VOl. II.—In pursuance of the decision of Cabinet to rebate all embedded State and Central Taxes and Levies on apparel and made-ups, the Ministry of Textiles notified the scheme for Rebate of State and Central Taxes and Levies (RoSCTL) vide notification No. 14/26/2016-IT (Vol.II) dated 07.03.2019 and vide notification No. 14/26/2016-IT (Vol.II) dated 08.03.2019, notified the rates under the RoSCTL scheme. 2. It is further notified that, as decided by the Expenditure Finance Committee (EFC) in its meeting on 30.12.2019, a special one-time additional ad-hoc incentive of upto 1% of FoB value will be provided for exports of apparel and made-ups to offset the difference between RoSCTL and RoSL + MEIS@4%, from 7.3.2019 to 31.12.2019. 3. Recommendations of the EFC are as follows:— a) The additional incentive under the scheme would be as per claims from the exporters and the total ad- hoc incentive would not exceed Rs. 600 crore for the period mentioned above. b) Under the scheme, incentive of upto 1% of FOB value for each line in a shipping bill will be provided for those exports of apparel and made-ups which may receive lesser benefits under RoSCTL as against RoSL+ MEIS. c) MEIS stands withdrawn from 07.03.2019 (for Chapters 61, 62 and 63). Department of Commerce may take necessary measures accordingly. Claims already paid to the exporters under MEIS will be suitably adjusted against RoSCTL and recoveries made wherever due. d) Steps will be taken for the validation of claims by DGFT and DoR for correct disbursal of benefits. e) The ad-hoc incentive would be implemented in the form of scrips for which an outlay would need to be provided by Department of Revenue. ADITI DAS ROUT, Trade Advisor Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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