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of <h1>New Procedure for Paying Customs Duties Under EPCG Scheme via DEPB and Duty Credit Scrips from Jan 2009.</h1> The circular outlines the updated procedure for paying customs duties using DEPB and duty credit scrips for imports under the EPCG scheme, effective from January 1, 2009, as per the Foreign Trade Policy and Handbook of Procedures. It details the electronic processing of payment through the Indian Customs EDI system (ICES), including options for e-payment via ICEGATE. Importers or their agents can request duty debits from DEPB or duty credit scrips within a specified interest-free period. The process involves electronic communication between the customs system and designated banks, with the option to pay remaining balances through traditional banking methods.
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