https://www.taxtmi.com/article/detailed?id=6257 The Policy issues duty credit scrips under MEIS and SEIS which may be used to pay customs duties (including CVD and SAD), central excise duties and service tax on input services; scrips cover capital goods, are transferable, registrable at a port of registration, and permit claim of cenvat credit or drawback. Use for domestic procurements requires furnishing an undertaking to the jurisdictional Central Excise officer to pay any differential duty/tax with interest, presentation of debited scrips and supplier invoices to customs/excise officers, and compliance with specified application and registration procedures. en-us Fri, 15 May 2015 08:10:02 +0530 Fri, 15 May 2015 08:10:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6257 The Policy issues duty credit scrips under MEIS and SEIS which may be used to pay customs duties (including CVD and SAD), central excise duties and service tax on input services; scrips cover capital goods, are transferable, registrable at a port of registration, and permit claim of cenvat credit or drawback. Use for domestic procurements requires furnishing an undertaking to the jurisdictional Central Excise officer to pay any differential duty/tax with interest, presentation of debited scrips and supplier invoices to customs/excise officers, and compliance with specified application and registration procedures. Articles Customs - Import - Export - SEZ Fri, 15 May 2015 08:10:02 +0530 https://www.taxtmi.com/article/detailed?id=6257