Service Exports from India Scheme: excise exemption when goods cleared against registered duty credit scrip, subject to compliance. Goods in the Fourth Schedule are exempted from excise duties when cleared against a SEIS duty credit scrip, subject to registration of the scrip with the Customs Authority, presentation with supplier/manufacturer invoice details identifying the jurisdictional Central Excise Officer and goods particulars, Customs debiting of duties on the scrip and written advice to the Officer, an undertaking by the scrip holder to pay any short debit with interest, endorsement and validation by the Central Excise Officer, and retention of attested copies by the manufacturer. Electronic scrips follow analogous electronic procedures and entitlement to drawback or CENVAT credit is preserved.
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.
Service Exports from India Scheme: excise exemption when goods cleared against registered duty credit scrip, subject to compliance.
Goods in the Fourth Schedule are exempted from excise duties when cleared against a SEIS duty credit scrip, subject to registration of the scrip with the Customs Authority, presentation with supplier/manufacturer invoice details identifying the jurisdictional Central Excise Officer and goods particulars, Customs debiting of duties on the scrip and written advice to the Officer, an undertaking by the scrip holder to pay any short debit with interest, endorsement and validation by the Central Excise Officer, and retention of attested copies by the manufacturer. Electronic scrips follow analogous electronic procedures and entitlement to drawback or CENVAT credit is preserved.
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