Automatic Endorsement of permitted imports on duty credit scrips, issued under DFCE for Status Holders Scheme of EXIM Policy RE 2003 - Para 3.7.2.1(vi), and clarification on the condition of nexus with product group exported.
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Permitted imports under duty credit scrips: automatic endorsement with mandatory nexus to exported product group required. Automatic endorsement is prescribed for permitted imports on duty credit scrips under the DFCE Status Holders Scheme, allowing Capital Goods (with nexus to exported product group), Office Equipment, Inputs (with nexus), and certain Agricultural Products subject to enumerated exclusions. Import of the agricultural category is permitted only when a nexus with the exported product group is clearly established. Regional Authorities must endorse the nexus condition on scrips at issuance or revalidation, and Customs must ensure the nexus is satisfied before permitting imports, as mandated by the Handbook of Procedures provisions cited.
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 duty credit scrips: automatic endorsement with mandatory nexus to exported product group required.
Automatic endorsement is prescribed for permitted imports on duty credit scrips under the DFCE Status Holders Scheme, allowing Capital Goods (with nexus to exported product group), Office Equipment, Inputs (with nexus), and certain Agricultural Products subject to enumerated exclusions. Import of the agricultural category is permitted only when a nexus with the exported product group is clearly established. Regional Authorities must endorse the nexus condition on scrips at issuance or revalidation, and Customs must ensure the nexus is satisfied before permitting imports, as mandated by the Handbook of Procedures provisions cited.
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