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Validity period of duty credit scrips

Circular No.ES/ 199/ 2017-18                                                                    October 24, 2017                                 

To: The Members of the Council

Sub: Validity period of duty credit scrips

Dear Member,

DGFT has issued Public Notice No. 33/2015- 20 dated 24.10.2017 informing about the amendments in the Para 3.13 relating to validly period and revalidation under the Handbook of Procedures (2015-2020).

Existing paragraph 3.13

Revised paragraph 3.13

Duty Credit Scrip shall be valid for a period of 18 months from the date of issue and must be valid on the date on which actual debit of duty is made. Revalidation of Duty Credit Scrip shall not be permitted unless covered under paragraph 2.20(c) of HBP.

 

Duty Credit Scrip issued on or after 01.01.2016 under chapter 3 shall be valid for a period of 24 months from the date of issue and must be valid on the date on which actual debit of duty is made. Revalidation of Duty Credit Scrip shall not be permitted unless covered under paragraph 2.20(c) of HBP.

This is for your information.

Thanking you.

S. BALARAJU
EXECUTIVE DIRECTOR

 

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