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<h1>Duty credit ledger enables electronic issuance and use of duty credits to settle customs duties under prescribed conditions.</h1> Central Government may, by notification, issue duty credit in lieu of remission of duties or other financial benefits subject to specified conditions; such duty credits are maintained in the customs automated system as an electronic duty credit ledger and may be used by the holder or transferees to pay duties under the Customs Act and the Customs Tariff Act in the prescribed manner, subject to conditions and time limits.