Duty credit certificate exemption permits customs duty relief for status holders importing specified goods under conditions. Goods specified under paragraph 3.7.2.1(vi) of the Export and Import Policy imported by eligible status holders against a Duty Credit Entitlement Certificate are exempt from customs duty, additional duty under section 3, and special additional duty under section 3A, subject to conditions: certificate issuance by licensing authority, non-transferability (with limited use by named supporting manufacturers), installation and use certification for capital goods within six months (or authorised extension), presentation of the certificate at customs clearance, sufficient credit on the certificate, designated ports/locations for import, and provisions on drawback or CENVAT credit.
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.
Duty credit certificate exemption permits customs duty relief for status holders importing specified goods under conditions.
Goods specified under paragraph 3.7.2.1(vi) of the Export and Import Policy imported by eligible status holders against a Duty Credit Entitlement Certificate are exempt from customs duty, additional duty under section 3, and special additional duty under section 3A, subject to conditions: certificate issuance by licensing authority, non-transferability (with limited use by named supporting manufacturers), installation and use certification for capital goods within six months (or authorised extension), presentation of the certificate at customs clearance, sufficient credit on the certificate, designated ports/locations for import, and provisions on drawback or CENVAT credit.
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