Post-export EPCG duty scrip exemption permits excise remission on specified goods subject to procedural validation and safeguards. Exemption permits remission of central excise and specified additional duties on goods cleared against a Post Export EPCG duty credit scrip, conditional on Customs registration and debit on the scrip, written advice to the jurisdictional Central Excise Officer, endorsement and validation of clearances by that Officer based on an undertaking by the scrip-holder, retention of debited and endorsed scrip copies by the manufacturer, exclusion of specified items, eighteen-month scrip validity, and entitlement of the scrip-holder to avail drawback or CENVAT credit against the debited and validated amount.
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.
Post-export EPCG duty scrip exemption permits excise remission on specified goods subject to procedural validation and safeguards.
Exemption permits remission of central excise and specified additional duties on goods cleared against a Post Export EPCG duty credit scrip, conditional on Customs registration and debit on the scrip, written advice to the jurisdictional Central Excise Officer, endorsement and validation of clearances by that Officer based on an undertaking by the scrip-holder, retention of debited and endorsed scrip copies by the manufacturer, exclusion of specified items, eighteen-month scrip validity, and entitlement of the scrip-holder to avail drawback or CENVAT credit against the debited and validated amount.
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