GENERAL20 Sept 2026
Govt weighs extending textile export incentive RoSCTL beyond Sep 30
The government is still deciding whether to extend RoSCTL, the textile export incentive, past 30 September. This matters if you export textiles, because the scheme runs only up to that date. The industry wants a five-year extension and double the money, but the finance ministry's Department of Expenditure will take the final call. Until it does, plan your export pricing without assuming the benefit continues.
Key Statutory Highlights
- The government is weighing whether to extend the RoSCTL textile export incentive beyond 30 September.
- The textile industry has asked for a five-year extension of RoSCTL.
- The industry also wants the scheme's outlay doubled, with the final decision resting with the finance ministry's Department of Expenditure.
Actionable Advice for Taxpayers / Founders:If you export textiles, keep an eye on official announcements about RoSCTL and avoid building the current benefit into long-term price commitments until the government's decision is out.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: