MANU/TEXT/0009/2017
Ministry : Ministry of Textiles
Notification No. : 12015/47/2016-IT
Date of Notification : 15.03.2017
Date of Publication : 15.03.2017
Notification/ Circulars Referred : No.12015/47/2016-IT dated 3rd January 2017 MANU/TEXT/0001/2017
Industry: Textile
Citing Reference:
No.12015/47/2016-IT dated 3rd January 2017 MANU/TEXT/0001/2017 Referred
Rates for Rebate of State Levies on Made-UPS
No. 12015/47/2016-IT.--In pursuance of the decision of the Government of India to initiate measures for reforms to boost employment generation in the employment intensive textile and apparel sector, and approval of a new scheme for remission of State Levies on garments which has now been extended to made-ups, the Ministry of Textiles has notified the scheme to provide for the remission of State levies on export of made-ups through the mechanism of rebate. The scheme is called the Scheme for Rebate of State Levies on Export of made-ups 2017. (hereinafter referred to as the ROSL Scheme).
2. The rates for the ROSL Scheme are hereby notified as schedule 3 annexed to this notification. The rates of rebate are not divisible into any component of tax or input and are provided only on average basis calculated in a like manner as the All Industry Rates of Drawback. This notification shall come into force with effect from 23rd March 2017.
3. The amount of rebate shall be calculated using the FOB value. The rate of rebate with cap for a tariff item as shown in columns (4)&(5) of Schedule 3 of rates being notified shall be applied for calculation when the item has claim for AIR Drawback or export under claim for brand rate drawback with claim for provisional Customs portion of AIR.
4. Ministry of Textiles also hereby makes the following amendments in the Notification of the Ministry of Textiles No.12015/47/2016-IT dated 3rd January 2017 regarding Scheme for Rebate of State Levies on Export of Made-ups, namely-
Para 4.2 shall be replaced by the following:
"4.2 The rate and rebate shall be applicable only to exporters who have constituted an Internal Complaints Committee (ICC) in pursuance of t........