Regarding Exemption under Agri. Infrastructure Incentive Scrip.

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....ditional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts capital goods specified in the Table annexed hereto, when cleared against an Agri. Infrastructure Incentive Scrip duty credit scrip issued to an exporter by the Zonal Office, Central Licensing Area, New Delhi in accordance with paragraph 3.13.4 of the Foreign Trade Policy (hereinafter referred to as the said scrip) under Vishesh Krishi and Gram Udyog Yojana (Special Agriculture and Village Industry Scheme) from,-   &nb....

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....s or Electronic Hardware Technology Parks or Biotechnology Parks, which are availing direct tax benefits or exemption;           (ii)    Export of imported goods covered under Para 2.35 of the Foreign Trade Policy;           (iii)   Exports through transshipment, meaning thereby that exports originating in third country but transshipped through India;           (iv)  Deemed Exports;           (v)   Exports made by Special Economic Zone units or Special Economic Zone products exported through Domestic Tariff Area units; and  ....

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....   that the capital goods cleared under this exemption shall be utilized as per clause (d) of paragraph 3.13.4 of the Foreign Trade Policy;      (f)    that the capital goods cleared under this exemption shall be subject to actual user condition;      (g)   that the said scrip is registered with the Customs authority at the port of registration (hereinafter referred as the said Customs authority);      (h)   that the holder of the scrip, who may either be the person to whom the scrip was originally issued or a transferee-holder, presents the said scrip to the said Customs authority along with a letter or proforma invoice from th....

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....and an amount equal to the duty leviable, but for the exemption contained herein together with applicable interest;      (k)    that based on the said written advice and undertaking, the said Officer endorses the clearance particulars and validates, on the reverse of the said scrip, the details of the duties leviable, but for this exemption, which were debited by the said Customs authority,  and keeps a record of such clearances;      (l)      that the manufacturer retains a copy of the said scrip, debited by the said Customs authority and endorsed by the said Officer and duly attested by the holder of the scrip, in support of the clearance under this....