Post Export EPCG duty credit scrip: conditional customs duty exemption tied to proportionate export obligation fulfilment. Goods imported against a Post Export EPCG duty credit scrip are exempted from basic customs duty and specified additional duties, subject to conditions: a valid authorisation under the Handbook of Procedures; import of capital goods and permitted spares on payment of duties in cash; registration and endorsement at specified ports; installation and use certified by customs/excise officers or independent engineers; fulfilment of export obligations computed as a proportion of duties paid with defined exceptions; specified procedural filings for issuance and registration of the scrip; and rules on transferability, validity, re-export, and interaction with Cenvat credit and drawback.
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 credit scrip: conditional customs duty exemption tied to proportionate export obligation fulfilment.
Goods imported against a Post Export EPCG duty credit scrip are exempted from basic customs duty and specified additional duties, subject to conditions: a valid authorisation under the Handbook of Procedures; import of capital goods and permitted spares on payment of duties in cash; registration and endorsement at specified ports; installation and use certified by customs/excise officers or independent engineers; fulfilment of export obligations computed as a proportion of duties paid with defined exceptions; specified procedural filings for issuance and registration of the scrip; and rules on transferability, validity, re-export, and interaction with Cenvat credit and drawback.
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