Permitted imports under Target Plus Scheme clarified; duty credit scrips may be endorsed for specified goods subject to exclusions. Regional Authorities may endorse duty credit scrips under the Target Plus Scheme upon an applicant's letterhead request. Endorsements are limited to items freely importable under the ITC (HS) and subject to the scheme's nexus requirement: inputs with nexus to exports; capital goods and spares with nexus; office and professional equipment; office furniture; and agricultural products within Chapters 1-24 except specified excluded high duty items. Edible oils under Chapter 15 are permitted only through designated trading corporations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Permitted imports under Target Plus Scheme clarified; duty credit scrips may be endorsed for specified goods subject to exclusions.
Regional Authorities may endorse duty credit scrips under the Target Plus Scheme upon an applicant's letterhead request. Endorsements are limited to items freely importable under the ITC (HS) and subject to the scheme's nexus requirement: inputs with nexus to exports; capital goods and spares with nexus; office and professional equipment; office furniture; and agricultural products within Chapters 1-24 except specified excluded high duty items. Edible oils under Chapter 15 are permitted only through designated trading corporations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.