Sops lower than pre-GST ones: Textile sector

Industry body SIMA expected the Centre to increase RoSL rates by at least 2-3%

Despite the central government enhancing the Merchandise Exports from India Scheme (MEIS) and Remission of State Levies (RoSL) for the textile sector, the latter is critical.

The country’s second-largest job generator says the incentives are still less than the pre-goods and services tax (GST) era.

In a notification on Saturday evening, the Centre said the post-GST rates of RoSL were up to a maximum of 1.7 per cent for cotton garments, 1.25 per cent for manmade fibre (MMF), silk and woollen garments and 1.48 per cent for apparel of blends. And, up to a maximum of 2.2 per cent for cotton made-ups,