TaxTMI 
TaxTMI 
Manner to issue duty credit for goods exported under the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) Notified.
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.... as the "Scheme"), subject to such conditions and restrictions as specified herein, in accordance with paragraph 4.01(e) of the Foreign Trade Policy (hereinafter referred to as "FTP"). 2. Such duty credit shall be subject to the following conditions, namely:- (1) that the duty credit is issued - (a) in lieu of remission of any duty or tax or levy, chargeable on any material used in the manufacture or processing of goods or for carrying out any operation on such goods in India that are exported, where such duty or tax or levy is not exempted, remitted or credited under any other Scheme; (b) against export of goods notified in Appendix 4R (hereinafter referred to as the "Appendix") of the FTP, ....
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....e; (4) that the duty credit allowed under the Scheme against export of goods notified in the Appendix shall be subject to realization of sale proceeds in respect of such goods in India within the period allowed under the Foreign Exchange Management Act, 1999 (42 of 1999); failing which such duty credit shall be deemed to be ineligible; (5) that the imports and exports are undertaken through the seaports, airports or through the inland container depots or through the land customs stations which allow the bill of entry and shipping bill or bill of export to be presented and processed electronically on the customs automated system; (6) that the exporter has realised the sale proceeds against export of goods ma....
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....on over the customs station of registration of the e-scrip may, after enquiry, pass an order to cancel the said duty credit or e-scrip. (2) Where the e-scrip is so cancelled, the duty credit amount in the said e-scrip shall be deemed never to have been allowed and the proper officer of Customs shall proceed to recover the duty credit amount used in such e-scrip or transferred from such e-scrip. (3) The proper officer of Customs may, without prejudice to any other action that may be taken under this Act or any other law for the time being in force, suspend the operation of the said e-scrip or the electronic duty credit ledger of such exporter or any duty credit transferred from such e-scrip, during pendency of ....
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....fficer, and if the said sale proceeds are not realised in such extended period, the exporter shall repay the said amount of duty credit along with the said interest, within fifteen days of expiry of the said period. (3) If a part of the sale proceeds has been realized, the amount of duty credit to be recovered shall be the amount equal to that portion of the amount of duty credit allowed which bears the same proportion as the portion of the sale proceeds not realized bears to the total amount of sale proceeds. (4) Where the exporter fails to repay the duty credit amount within the said period of fifteen days, the said duty credit shall be deemed never to have been allowed and it shall be recovered, along with ....
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....fficer" means Deputy Commissioner or Assistant Commissioner of Customs. TABLE - 1 Sl. No. Export categories or sectors ineligible for duty credit (1) (2) 1. Goods which are restricted or prohibited for export under Schedule-2 of Export Policy in ITC- HS 2. Export of imported goods covered under paragraph 2.46 of Foreign Trade Policy 3. Exports through trans-shipment, meaning thereby exports that are originating in third country but trans-shipped through India 4. Goods subject to minimum export price or export duty 5. Deemed exports under Foreign Trade Policy 6. Goods manufact....