TIRUPUR: Tirupur Exporters Association (TEA) has appealed to the Government of India to clear the ROSL pending claims expediently.

 

In a media statement on 29 November, Shri Raja M Shanmugham, President, TEA, said Rebate on State Levies (ROSL) claims have not been cleared to the garment sector for the past three months and added that ROSL is given mainly to compensate the embedded taxes like petro products, electricity tax, Mundy tax  etc., which have been not included in GST.

 

Shri. Raja M Shanmugham pointed out that the garment export sector after passing through a declining trend for the past one year, further to implementation of GST for garment export sector from 1st October 2017 has recorded a reversing positive trend only in the last month October 2018 and hoped the trend would continue in the coming months also.