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TMI BlogCustoms-Implementation of ROSL for made ups (Chapter63) with effect from 23/3/2017X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs-Implementation of ROSL for made ups (Chapter63) with effect from 23/3/2017- Reg. Attention of all Exporters/Customs brokers /members of Trade is invited to the scheme for implementation of Rebate of State Levies on export of made-ups (ROSL-Made-ups) notified vide Notification No.12015/47/20161T dated 3.1.2017 by Ministry of Textiles. Further, the Central Government (Ministry of Textiles) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fter processing. The ROSL scheme is not mandatory for an exporter. Therefore, an exporter has to make a consious choice lo opt for the ROSL scheme by making a claim for rebate in acceptance terms and conditions of the ROSL scheme (including under the aforementioned Circular) along with a declaration f eligibility for the rate and rebate. . 3. OPTING FOR ROSL SCHEME: The claim cum declaration of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be amended before LEO to avail this benefit. In the absence of proper scheme codes, the ROSL benefit would not be available. 4. RQSL Rebate: The amount of rebate is calculated using the FOB value and the rates and caps of rebate specified in the ROSL scheme. (For further details refer to CBEC Circular 08/2017-Cus). As the Scheme is extension of ROSL for garments, all changes applicable to ROS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e claimed for. RES vendors may ensure that their RES versions are compliant to changes in (1 )& (3) as stated above. SB Message format has also been revised accordingly. 6. ROSL Disbursal: ROSL would be disbursed in similar manner as ROSL for garments. For speedy disbursal, Exporters may ensure that the Account No. already registered for drawback disbursal is live and valid, as the ROSL disburs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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