https://www.taxtmi.com/notifications?id=116111 Amendment provides that Duty Credit Scrip may be debited for payment of customs duties for EO defaults on authorizations under Chapters 4 and 5, but penalty and interest must be paid in cash. Scrips issued under SHIS, SFIS and AIIS are explicitly excluded from use for payment of customs duties in EO defaults for Chapter 4 authorizations. Duty credit scrips may still be used for composition fees, application fees under FTP and for value shortfalls under para 4.28(b) of HBP v1 2009-14. en-us Mon, 06 Jan 2014 00:00:00 +0530 Tue, 07 Jan 2014 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116111 Amendment provides that Duty Credit Scrip may be debited for payment of customs duties for EO defaults on authorizations under Chapters 4 and 5, but penalty and interest must be paid in cash. Scrips issued under SHIS, SFIS and AIIS are explicitly excluded from use for payment of customs duties in EO defaults for Chapter 4 authorizations. Duty credit scrips may still be used for composition fees, application fees under FTP and for value shortfalls under para 4.28(b) of HBP v1 2009-14. Notifications DGFT Mon, 06 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116111