Electronic duty credit ledger governs recording and transfer of export duty credits under the specified rebate schemes. Defines operational terms for the Electronic Duty Credit Ledger Regulations, 2021: a claim is an exporter's item level declaration in the shipping bill or bill of export; duty credit is the credit allowed by Customs against that claim; the electronic duty credit ledger records recipients and transferees of duty credit and creates e scrips; a scroll lists shipping bills or bills of export and associated duty credit amounts. Customs station, proper officer, and export manifest/report are also defined, and undefined terms inherit meanings from the Act.
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Provisions expressly mentioned in the judgment/order text.
Electronic duty credit ledger governs recording and transfer of export duty credits under the specified rebate schemes.
Defines operational terms for the Electronic Duty Credit Ledger Regulations, 2021: a claim is an exporter's item level declaration in the shipping bill or bill of export; duty credit is the credit allowed by Customs against that claim; the electronic duty credit ledger records recipients and transferees of duty credit and creates e scrips; a scroll lists shipping bills or bills of export and associated duty credit amounts. Customs station, proper officer, and export manifest/report are also defined, and undefined terms inherit meanings from the Act.
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