Electronic duty credit ledger enables use of issued credit for customs duty payment, subject to prescribed conditions. The Central Government may prescribe the manner of issuing duty credit in lieu of remission of duty, tax or levy on materials used for exported goods, or in lieu of other financial benefits subject to conditions and restrictions. The duty credit must be maintained in the customs automated system as an electronic duty credit ledger of the recipient. Credit in the ledger may be used by the recipient or transferee for payment of duties under the Customs Act or the Customs Tariff Act, subject to prescribed manner, conditions, restrictions and time limits.