Manner of issue of duty credit for goods exported under the Scheme for Rebate of State and Central Taxes and Levies - duty credit under condition - duty credit, Cancellation of duty credit, Recovery of amount of duty credit, Recovery of amount of duty credit where export proceeds are not realised - 25/2023 - Customs - Non Tariff

Duty credit issuance: export duty credits allowed only for specified garments, conditioned on export proceeds realisation and recovery safeguards.

Duty credit for exported garments and made ups is issuable only for specified items and rates, claimed via shipping bill or electronic entry and allowed by Customs after checks; credits are usable solely for payment of customs duty on imports. Credits are conditional on realisation of export sale proceeds within the foreign exchange law period, with specific ineligibilities and special rules for certain destinations. Cancellation, suspension and recovery procedures apply where provisions are contravened or proceeds are unrealised, including repayment with interest and recovery under the Customs Act.