TaxTMI 
TaxTMI 
We are claiming export benefit of MEIS and Focus Market Scheme . The scrips so availed is utilized towards payment of customs duty on imports . At the time of utilizing a scrip value , a part of the value of the scrip remains unutilzed ( usually less than INR value of 20,000 ) , In such cases , can these balance unutilized scrip can be used for subsequent customs duty payments OR would these balance amount gets lapsed .
Export Incentives - MEIS , Focus Market Scheme
07 May 2016 
2 Replies 
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Scrip balance utilisation allowed for multiple customs duty payments within the scrip validity; expired scrip balances lapse.
Residual unutilised balances of MEIS and Focus Market Scheme scrips may be applied in subsequent customs duty or excise-related payments in multiple instalments down to the last paise, provided all utilisation occurs within the scrip's validity period. Once the validity expires the remaining balance cannot be used, and administrative revalidation is not to be relied upon. (AI Summary)
Residual unutilised balances of MEIS and Focus Market Scheme scrips may be applied in subsequent customs duty or excise-related payments in multiple instalments down to the last paise, provided all utilisation occurs within the scrip's validity period. Once the validity expires the remaining balance cannot be used, and administrative revalidation is not to be relied upon. (AI Summary)