Home / Knowledge / News / Policy / RoSCTL yet to made available for apparel, made-up segments

RoSCTL yet to made available for apparel, made-up segments

Dec '19
Pic: Shutterstock
Pic: Shutterstock
The Rebate of State and Central Taxes and Levies (RoSCTL) scheme, which the Indian government said in March would be soon available for the apparel and made-up segments, is yet to be made available. The Merchandise Exports from India Scheme (MEIS), discontinued from August 1 and reinstated later for other export sectors, is also not available for apparels and made-ups.

Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over ₹5,000 crore under the MEIS scheme have been blocked. This could continue to pull down apparel exports in the coming months as well, according to a report in an English-language daily.

According to Chandrima Chatterjee, advisor, Apparel Export Promotion Council, more than 8,000 exporters are facing this working capital crunch. Most of these exporters are small and medium enterprises.

Apart from working capital issues, there is no clarity on the rate at which they have to book orders, as the rate of duty refund under RoSCTL has not been announced. A 4 per cent incentive was available for garments under MEIS. Apparel exporters work under thin margins due to the heavy competition from countries like Bangladesh, Vietnam and the Philippines.

Though a smooth transition was expected from the earlier scheme to the new one, abrupt ending of the earlier scheme without starting the new one has put the industry into a lot of hardship, said Chatterjee.

The AEPC had made representations to different ministries about the situation, but is still waiting for clarity on the issues.

The industry fears that the working capital crunch will further worsen the export situation.

Apparel exports had declined 6.5 per cent to $1,055.82 million in November 2019 against $1,129.5 million in the year-ago month. In rupee terms the decline has been 7.05 per cent.

Fibre2Fashion News Desk (DS)

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 21st Feb 2020

France unveils environment score system for apparel

France has launched a system under which apparel may now display a...

Pic: Shutterstock

Textiles | On 21st Feb 2020

Indian textiles ministry to back small-scale firms

The Indian textiles ministry will contact small-scale manufacturers...

Pic: Shutterstock

Fashion | On 21st Feb 2020

Sycamore Partners buys 55% stake in Victoria's Secret

Sycamore Partners has acquired a 55 per cent stake in Victoria's...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Vidhyaa Shankar. S, A Ganapathi Chettiar

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Paolo Crespi,

Paolo Crespi

Japan's Epson, a leader in digital textile printing, Italy's For.Tex, a...

Harmeet Singh,

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Spring Chang,

Spring Chang

A specialist in manufacturing printing machines, <b>Wenzhou Changs</b>...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Asif Rahman, MIP

Asif Rahman

MIP is a manufacturer and distributor of high-performance textiles and...

Pranav Mishra, Huemn

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Aneeth Arora, Péro

Aneeth Arora

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search