Validity of Duty Credit scrips extended; applies irrespective of trade policy period and revalidation is restricted. Duty Credit Scrips issued on or after 01.01.2016 under Chapter 3 shall be valid for a period of 2* months from the date of issue and must be valid on the date on which actual debit of duty is made. Revalidation of duty credit scrip shall not be permitted unless 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.
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Provisions expressly mentioned in the judgment/order text.
Validity of Duty Credit scrips extended; applies irrespective of trade policy period and revalidation is restricted.
Duty Credit Scrips issued on or after 01.01.2016 under Chapter 3 shall be valid for a period of 2* months from the date of issue and must be valid on the date on which actual debit of duty is made. Revalidation of duty credit scrip shall not be permitted unless 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.
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