https://www.taxtmi.com/article/detailed?id=9237 MEIS duty credit scrips are classified as goods under HSN 4907 and transfers from SEZ units to DTA units attract customs duties under Section 30 of the SEZ Act, 2005 as if imported. The scrips do not fit specific 49070010-30 subheadings and thus fall under 49070090, which is restricted under the import policy, potentially requiring licence conditions for clearance. Paperless electronic scrips issued via EDI ports are not treated as physical goods and are not impacted in the same manner, creating a compliance gap for paper scrips issued in non EDI SEZ zones. en-us Thu, 04 Jun 2020 05:32:01 +0530 Thu, 04 Jun 2020 05:32:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9237 MEIS duty credit scrips are classified as goods under HSN 4907 and transfers from SEZ units to DTA units attract customs duties under Section 30 of the SEZ Act, 2005 as if imported. The scrips do not fit specific 49070010-30 subheadings and thus fall under 49070090, which is restricted under the import policy, potentially requiring licence conditions for clearance. Paperless electronic scrips issued via EDI ports are not treated as physical goods and are not impacted in the same manner, creating a compliance gap for paper scrips issued in non EDI SEZ zones. Articles Customs - Import - Export - SEZ Thu, 04 Jun 2020 05:32:01 +0530 https://www.taxtmi.com/article/detailed?id=9237