TaxTMI 
TaxTMI 
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors
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....ercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) (hereinafter referred to as the said Act), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods, when imported into India against a duty credit scrip (hereinafter referred to as the said scrip) issued by the Regional Authority under the....
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....oods) under the RoSL scheme where the order permitting clearance and loading of goods for exportation under section 51 of the said Act has been made on or after the 20th October, 2016 for garments, on or after the 23rd March, 2017 for made-ups, and till 6th March, 2019 for the said goods; (b) against exports of the said goods as per the respective rate and cap as notified by the Ministry ....
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....er of Customs after taking into account the debits already made under this exemption and debits made under the notification of Government of India, Ministry of Finance, Department of Revenue, No.07/2020-Central Excise, dated the 21st October, 2020 shall ensure the debit of the duties leviable on the goods, but for this exemption; (6) that the said scrip and goods imported against it shall be fr....
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....For the purposes of this notification, - (a) "capital goods" has the same meaning as assigned to it in paragraph 9.08 of the Foreign Trade Policy; (b) "Foreign Trade Policy" means the Foreign Trade Policy, 2015-2020, published by the Government of India in the Ministry of Commerce and Industry vide notification number 01/2015-2020, dated the 1st April, 2015 as amended from time to time; (....