E-scrip duty credit transfers require full-value transfer to an Importer-exporter Code holder without extending the validity period. Duty credit in an e-scrip may be transferred through the customs automated system to another holder of an Importer-exporter Code. The transfer must be for ... Summary
E-scrip duty credit transfers require full-value transfer to an Importer-exporter Code holder without extending the validity period.
Duty credit in an e-scrip may be transferred through the customs automated system to another holder of an Importer-exporter Code. The transfer must be for the entire duty credit amount in the e-scrip, as partial transfers are not permitted. Transfer does not change the e-scrip's two-year validity from creation. The transferee and Customs can view the transferee's ledger, e-scrip, and related transactions in the customs automated system.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.