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of <h1>DGFT Amends Handbook: Revalidation of Duty Credit Scrips for 4% SAD Re-credit Extended Until June 30, 2012.</h1> The Director General of Foreign Trade has amended the Handbook of Procedures to allow the revalidation of freely transferable duty credit scrips, including DEPBs, for the re-credit of 4% Special Additional Duty (SAD) of customs until June 30, 2012. This revalidation applies if the scrips were endorsed by the Regional Authority before September 15, 2011, but remain unused, or if a consolidated certificate was issued by Customs between September 1, 2011, and April 30, 2012. This change aims to reduce transaction costs and procedural burdens by eliminating the need for further endorsement by the RA.
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