• CCI AD FROM 5th April 2021

CBIC notifies the Electronic Duty Credit Ledger Regulations, 2021

Circular No.ES/160/2021-22                         24th September, 2021      

   

To: Members of the Council  

   

Sub:  CBIC notifies the Electronic Duty Credit Ledger Regulations, 2021 


Dear Member,        

 

This is to inform you that CBIC has issued Notification No. 75/2021-Customs (N.T.) dated 23rd September, 2021 notifying the Electronic Duty Credit Ledger Regulations, 2021These regulations shall come into force on the date of their publication in the Official Gazette. 

 

Key features of the regulations are: 

 

1)    Issuance of duty credit in the scroll  

 

2)    Creation of e-scrip in the ledger 

 

3)    Registration of e-scrip  

 

4)    Use and Validity of e-scrip  

 

5)    Transfer of duty credit in e-scrip  

 

6)    Suspension or cancellation of duty credit  

 

For detailed information, members may kindly refer to Notification No. 75/2021-Customs (N.T.) dated 23rd September, 2021 

 

Members are requested to kindly make a note of the above. 

 

Thanking you,               

     

Yours faithfully,                

     

S. BALARAJU          

EXECUTIVE DIRECTOR