The Department of Revenue Communication has stated that garment and made-up exporters who have Rebate of State Levies (ROSL) Scheme arrears will receive it in the form of scrips.

The ROSL Scheme, which reimburses the State levies that garment and made-up exports incurred, was discontinued on March 7 last year and replaced with the Rebate of State and Central Taxes and Levies scheme.

In order to clear pending claims under the ROSL scheme, Rs 464.13 crore has been allocated for issue of duty credit scrips by the DGFT to exporters who have pending claims, according to the communication.

The Cotton Textiles Export Promotion Council has welcomed the move, while pointing out that exporters can use the funds for imports too