Centre to pay taxes for textiles

New Delhi: In order to boost garment exports, the revenue department has started the process to operationalise the `5,500-crore Rebate of State Levies scheme from September 20, under which exporters will be compensated for state levies. Presently, exporters get only duty drawback on the central levies imposed during the process of manufacturing of goods for exports. In a first of its kind move, the Cabinet had cleared Rebate of State Levies on export of garments to refund the state levies which were not refunded so far. — PTI