CBIC issues circular on scheme for rebate of state levies.

The Central Board of Indirect Taxes and Customs vide its notification dated 3rd November 2020 has issued clarification on scheme for rebate of state levies.

CBIC has earlier notified the scheme for rebate of state levies to mitigate the incidence of state VAT and other state taxes on export of garments and made ups, in this regard it has clarified that the mechanism for the recovery of excess payment of RoSL amount shall be the responsibility of the authorities in regards with the benefits accrued from the scrip as well.

Further, the pending claims for RoSL for which now scrips are to be issued by DGFT, all instance of misuse that having a bearing on rebate given under RoSL, shall be intimated to Shri Praveen Kumar, Dy DGFT, Udyog Bhawan, Maulana Azad Road, New-Delhi- 11, praveen.kumar82@nic.in. who has been nominated by DGFT  as the nodal authority.