Clear ROSCTL pending claims as soon as possible! Exporters in India are urging the government to take action

6th September 2021, Mumbai:

Indian exporters have urged the government to expedite the resolution of pending Rebate of State and Central Taxes and Levies (ROSCTL) claims, citing India's apparel (woven + knitwear) exports of Rs. 75,250 crore from January 1 to August 31, 2021, and the RoSCTL pending claim to the apparel sector of Rs. 3,750 crore.

Raja M. Shanmugham, President of the Tirupur Exporters' Association (TEA), appealed to M. Ajit Kumar, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), for assistance in obtaining RoSCTL benefits, which had been waiting since January 1, 2021.

Despite the fact that the government has announced the continuance of RoSCTL on clothing and made-up exports at the same rates until August 13, 2021, Raja alleges that the RoSCTL outstanding claims have not been resolved till now.

He pointed out that the Tirupur export industry, which accounts for 95% of MSME units, has been hit hard by the second wave of the epidemic and is failing to satisfy its statutory financial obligations month after month.

“I am confident that the ongoing problem will be resolved soon, since the Central Government is now focusing more on export development and attaining the US $ 400 billion objective for the current fiscal year,” Raja added.

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