Simultaneous benefit choice: exporters may surrender either SHIS or zero duty EPCG, subject to refund, interest and conditions. Notification allows exporters who were incorrectly granted simultaneous Status Holder Incentive Scheme (SHIS) and zero duty EPCG benefits to choose one scheme and surrender the other, prescribing that unutilized scrips may be surrendered, utilized or transferred amounts are treated as utilized for refund and interest purposes, refund of utilized amounts is to be paid in cash with interest under the Customs Act, EPCG may be converted to concessional-duty authorizations by payment of differential duties plus interest in lieu of surrender in certain cases, payment may be made by cash or debiting valid duty credit or original SHIS scrips for the refundable amount (interest to be paid in cash), and erroneous issuance will not attract penal action.