 "Piyush Goyal")
The government will clear all arrears under various export-incentive schemes to help exporters address their liquidity concerns. In pursuit of this, it will release Rs 56,027 crore this fiscal year, Commerce and Industry Minister Piyush Goyal said on Thursday.
The claims include those pertaining to the Merchandise Exports from India Scheme (MEIS), Services Exports from India Scheme (SEIS), Rebate of State Levies (RoSL), Rebate of State and Central Taxes and Levies (RoSCTL), and other scrip-based schemes related to past policies.
Clearing their dues has been a long-standing demand of exporters.
Pending tax refunds under the Remission of Duties and Taxes on Exported Products
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