Seeks to further amend Notification Nos. 20/2015-Central Excise and No. 21/2015-Central Excise both dated 08.04.2015 to incorporate procedure for utilisation of paperless MEIS and SEIS scrips - 01/2019 - Central Excise - Tariff
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Paperless export scrip utilisation procedure: electronic registration and customs debit validation enable excise exemption subject to compliance. Electronic paperless MEIS and SEIS scrips for ports enabled on the customs automated system are permitted subject to conditions: registration of the scrip with the Customs Authority; presentation of scrip details with supplier/manufacturer invoice specifying the jurisdictional Central Excise Officer and goods/duty particulars; electronic debiting by the Customs Authority with written advice to the Officer; an undertaking by the scrip holder to cover any short debit with interest; endorsement and validation of clearance particulars by the Officer; issuance of attested copies to holder and manufacturer; and entitlement to drawback or CENVAT credit against the debited and validated scrip amount.
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Provisions expressly mentioned in the judgment/order text.
Paperless export scrip utilisation procedure: electronic registration and customs debit validation enable excise exemption subject to compliance.
Electronic paperless MEIS and SEIS scrips for ports enabled on the customs automated system are permitted subject to conditions: registration of the scrip with the Customs Authority; presentation of scrip details with supplier/manufacturer invoice specifying the jurisdictional Central Excise Officer and goods/duty particulars; electronic debiting by the Customs Authority with written advice to the Officer; an undertaking by the scrip holder to cover any short debit with interest; endorsement and validation of clearance particulars by the Officer; issuance of attested copies to holder and manufacturer; and entitlement to drawback or CENVAT credit against the debited and validated scrip amount.
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