E-scrip duty credit permits specified customs-duty payments, expires after two years, and lapsed credit cannot be regenerated. E-scrip duty credit in the Electronic Duty Credit Ledger may be used only for payment of customs duties specified in the First Schedule to the Customs ... Summary
E-scrip duty credit permits specified customs-duty payments, expires after two years, and lapsed credit cannot be regenerated.
E-scrip duty credit in the Electronic Duty Credit Ledger may be used only for payment of customs duties specified in the First Schedule to the Customs Tariff Act, 1975. The e-scrip is valid for two years from its creation, after which any unutilised credit lapses and cannot be regenerated. The ledger, e-scrips and related transactions are visible in the customs automated system to the recipient and Customs.
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