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Court Evaluates Validity of Duty Credit Cap Under Incremental Export Incentivisation Scheme; Examines 2013 Notification's Impact on Customs.

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....Validity of Complete and overall cap on the duty credit scrip - Incremental Export Incentivisation Scheme (“IEIS”) - misuse of the scheme - the 2013 Notification places no cap or restriction on the value of the IEIS scrip. - HC....