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of <h1>India Launches Post Export EPCG Duty Credit Scrip Scheme for Import Duty Exemptions Under Notification No. 06/2013-Customs.</h1> The Government of India has introduced the Post Export EPCG Duty Credit Scrip Scheme under Notification No. 06/2013-Customs, dated February 18, 2013. This scheme allows for duty exemptions on goods imported into India against a Post Export EPCG duty credit scrip, provided certain conditions are met. These conditions include the issuance of a valid authorization, import registration at specified ports, and fulfillment of export obligations. The scheme is designed to promote exports by allowing duty remission proportionate to export obligations fulfilled. Specific provisions apply to the import of motor vehicles by certain sectors, and the scheme also outlines conditions for re-exporting defective goods and the transferability of the scrip.
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