Duty free credit scrip permitted for excise payment; enables use of export scrip for domestic input procurement under FTP. Utilization of duty free credit scrip for payment of excise duty is permitted for procurement from domestic sources of inputs that are permitted for import under the Served From India Scheme, in terms of notifications issued by the Department of Revenue.
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 free credit scrip permitted for excise payment; enables use of export scrip for domestic input procurement under FTP.
Utilization of duty free credit scrip for payment of excise duty is permitted for procurement from domestic sources of inputs that are permitted for import under the Served From India Scheme, in terms of notifications issued by the Department of Revenue.
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