RoSCTL, RoDTEP schemes extended
The Indian government has extended the RoSCTL and RoDTEP export incentive schemes until December 31, 2026. These programs aim to support exporters by remitting duties and taxes, providing stability for MSMEs in the textile and manufacturing sectors.
Why it matters
The extension provides critical financial predictability for Indian exporters amidst global economic fluctuations.
The Union Ministry of Commerce and Industry and the Ministry of Textiles have extended that Remission of Duties and Taxes on Exported Products Scheme and Rebate of State and Central Taxes and Levies Scheme respectively till December 31, 2026.
In orders issued on September 30, the Ministries said the schemes will continue for exporters till the end of December this year without any change in the rates and structure.
The Apparel Export Promotion Council has welcomed the extension of the RoSCTL scheme saying it will benefit MSME exporters.
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