Exempts goods when imported into India against a duty credit scrip issued under the Focus Market Scheme in accordance with paragraph 3.9 of the Foreign Trade Policy - 090/2006 - Customs -Tariff
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Focus Market Scheme duty credit scrips exempt basic and additional customs duty when produced at clearance under specified conditions. Exempts imports from basic customs duty and additional duty under section 3 when imported against a duty credit scrip issued under the Focus Market Scheme (paragraph 3.9 FTP), subject to conditions: scrip must be for exports to Appendix 37 C countries, produced at clearance with sufficient balance, freely transferable, and imports made through specified ports/airports/ICDs/land customs stations or SEZs; exclusions include Appendix 37B items and specified categories of exports not counted for entitlement; importer may claim drawback or CENVAT credit of additional duty against the scrip.
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.
Focus Market Scheme duty credit scrips exempt basic and additional customs duty when produced at clearance under specified conditions.
Exempts imports from basic customs duty and additional duty under section 3 when imported against a duty credit scrip issued under the Focus Market Scheme (paragraph 3.9 FTP), subject to conditions: scrip must be for exports to Appendix 37 C countries, produced at clearance with sufficient balance, freely transferable, and imports made through specified ports/airports/ICDs/land customs stations or SEZs; exclusions include Appendix 37B items and specified categories of exports not counted for entitlement; importer may claim drawback or CENVAT credit of additional duty against the scrip.
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