Exempts goods when imported into India against a duty credit scrip issued under the Focus Market Scheme - 093/2009 - Customs -Tariff

Duty credit scrip exemption: imports free of customs and additional duty when matched to Focus Market Scheme scrip.

Exempts imports against a duty credit scrip issued under the Focus Market Scheme from the whole of customs duty under the First Schedule and from specified additional duties under section 3, subject to conditions: scrip must relate to exports to designated countries/regions under the Foreign Trade Policy, be produced at customs for debiting duties, be freely transferable, imports/exports must be through listed ports/airports/ICDs or permitted locations, and certain export categories are excluded from export-performance and entitlement calculations.