Validity of Chapter 3 Duty Credit Scrips extended; applies irrespective of FTP period, revalidation generally not permitted. Duty Credit Scrips issued on or after 01.01.2016 under Chapter 3 shall be valid for 24 months from date of issue and must be valid on the date of actual debit; revalidation is not permitted except as covered under paragraph 2.20(c) of the Handbook of Procedures. This rule applies to all Chapter 3 scrips irrespective of the Foreign Trade Policy period, and trade is advised to avail the benefit with officers treating this Public Notice as standing order.
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.
Validity of Chapter 3 Duty Credit Scrips extended; applies irrespective of FTP period, revalidation generally not permitted.
Duty Credit Scrips issued on or after 01.01.2016 under Chapter 3 shall be valid for 24 months from date of issue and must be valid on the date of actual debit; revalidation is not permitted except as covered under paragraph 2.20(c) of the Handbook of Procedures. This rule applies to all Chapter 3 scrips irrespective of the Foreign Trade Policy period, and trade is advised to avail the benefit with officers treating this Public Notice as standing order.
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