Re-credit certificate: simplifies re-export relief allowing near-full utilisation within prescribed validity without fresh DGFT scrip. Customs-issued Re-credit Certificates for re-exported defective/unfit goods or for re-assessment of debited duty shall record scrip particulars, import date and debited/re-assessment amount. The Re-credit Amount may be utilised to the extent of 98% and is valid for use within six months of issuance. There is no requirement for DGFT regional offices to issue a fresh scrip in such cases.
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.
Re-credit certificate: simplifies re-export relief allowing near-full utilisation within prescribed validity without fresh DGFT scrip.
Customs-issued Re-credit Certificates for re-exported defective/unfit goods or for re-assessment of debited duty shall record scrip particulars, import date and debited/re-assessment amount. The Re-credit Amount may be utilised to the extent of 98% and is valid for use within six months of issuance. There is no requirement for DGFT regional offices to issue a fresh scrip in such cases.
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