https://www.taxtmi.com/acts?id=38757 A new provision authorizes the Central Government to notify the manner of issuing duty credits, including in lieu of remission of duties or other financial benefits; requires maintenance of issued duty credits in an electronic duty credit ledger within the customs automated system; and permits use or transfer of ledgered duty credit towards payment of duties under the Customs Act and the Customs Tariff Act, subject to prescribed manner, conditions, restrictions and time limits. en-us Sat, 28 Mar 2020 11:02:35 +0530 Sat, 28 Mar 2020 11:02:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38757 A new provision authorizes the Central Government to notify the manner of issuing duty credits, including in lieu of remission of duties or other financial benefits; requires maintenance of issued duty credits in an electronic duty credit ledger within the customs automated system; and permits use or transfer of ledgered duty credit towards payment of duties under the Customs Act and the Customs Tariff Act, subject to prescribed manner, conditions, restrictions and time limits. Act-Rules F. Acts / Amendment Acts Sat, 28 Mar 2020 11:02:35 +0530 https://www.taxtmi.com/acts?id=38757