https://www.taxtmi.com/caselaws?id=439721 The AAR, UP held that Duty Credit Scrips issued under the RoSCTL scheme are exempt from GST under HSN code 4907, entry 122A of Notification 35/2017-Central Tax (Rate). The authority determined that these scrips, being instruments for export promotion incentives allowing exporters to offset basic customs duty, fall under the specific exemption. The ruling clarified that this exemption applies to all duty credit scrips, not just those under RoSCTL, as the notification specifically exempts "Duty Credit Scrips" without scheme-specific limitations. en-us Fri, 14 Oct 2022 00:00:00 +0530 Thu, 17 Apr 2025 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439721 The AAR, UP held that Duty Credit Scrips issued under the RoSCTL scheme are exempt from GST under HSN code 4907, entry 122A of Notification 35/2017-Central Tax (Rate). The authority determined that these scrips, being instruments for export promotion incentives allowing exporters to offset basic customs duty, fall under the specific exemption. The ruling clarified that this exemption applies to all duty credit scrips, not just those under RoSCTL, as the notification specifically exempts "Duty Credit Scrips" without scheme-specific limitations. Case-Laws GST Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439721