https://www.taxtmi.com/acts?id=38825 The Central Government may, by notification, specify the manner of issuing duty credit in lieu of remission of duty, tax or levy on materials used for exported goods, or in lieu of other financial benefits subject to conditions and restrictions. The duty credit is maintained in the customs automated system as an electronic duty credit ledger of the recipient. The credit may be used by the recipient or a transferee towards payment of duties payable under the Customs Act or the Customs Tariff Act, subject to prescribed conditions, restrictions and time limits. en-us Thu, 02 Apr 2020 13:27:58 +0530 Thu, 18 Jun 2026 14:06:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38825 The Central Government may, by notification, specify the manner of issuing duty credit in lieu of remission of duty, tax or levy on materials used for exported goods, or in lieu of other financial benefits subject to conditions and restrictions. The duty credit is maintained in the customs automated system as an electronic duty credit ledger of the recipient. The credit may be used by the recipient or a transferee towards payment of duties payable under the Customs Act or the Customs Tariff Act, subject to prescribed conditions, restrictions and time limits. Act-Rules Customs Thu, 02 Apr 2020 13:27:58 +0530 https://www.taxtmi.com/acts?id=38825