RoSCTL amendments remove transferee conditions and extend scrip validity to two years, altering duty credit ledger rules. Amendments to the Rebate of State and Central Taxes and Levies delete certain transferee-related conditions by removing specified paragraphs and words from the principal notification. Amendments to the Electronic Duty Credit Ledger Regulations replace 'one year' with 'two years' in Regulations 6(2) and 7(3), extending the validity period of scrips from the date of generation. The Public Notice is issued as a Standing Order and provides contact details for reporting implementation difficulties to the Commissioner of Customs, Chennai-IV.
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RoSCTL amendments remove transferee conditions and extend scrip validity to two years, altering duty credit ledger rules.
Amendments to the Rebate of State and Central Taxes and Levies delete certain transferee-related conditions by removing specified paragraphs and words from the principal notification. Amendments to the Electronic Duty Credit Ledger Regulations replace "one year" with "two years" in Regulations 6(2) and 7(3), extending the validity period of scrips from the date of generation. The Public Notice is issued as a Standing Order and provides contact details for reporting implementation difficulties to the Commissioner of Customs, Chennai-IV.
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