Export schemes extended amid West Asia crisis
The Centre extended the duty refund scheme Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for exporters of apparel, garments and made-ups by three months to December 31 along with continuing the enhanced insurance cover against payment defaults until March 31, 2027, for export consignments to West Asia under the…
The Indian government has extended support for exporters amid the ongoing crisis in West Asia by renewing two key schemes and enhancing insurance cover against payment defaults. The duty refund scheme Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central Taxes and Levies (RoSCTL) scheme have been extended for exporters of apparel, garments, and made-ups by three months, until December 31, 2026.
Additionally, the enhanced insurance cover against payment defaults for export consignments to West Asia under the Export Promotion Mission has been extended until March 31, 2027. These measures aim to provide policy stability to the sector and sustain the competitiveness of India's labour-intensive and value-added apparel and made-ups sector in the global market.
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