TMI BlogExemption to goods imported into India against a duty credit scrip issued by the Regional Authority under the Scheme for ROSCTLX X X X Extracts X X X X X X X X Extracts X X X X ..... 14.02.2020 issued under sub-section (1) of Section 25 of the Customs Act, 1962 by Director (Drawback), CBIC, Department of Revenue, Ministry of Finance, Govt of India, New Delhi which exempts the goods when imported into India against a duty credit scrip (hereinafter referred to as the said scrip) issued by the Regional Authority under the Scheme for Rebate of State and Central Taxes and Levies (hereinafter referred to as the RoSCTL scheme) in accordance with paragraph 4.01 (c) of the Foreign Trade Policy read with paragraphs 4.95 and 4.96 of the Handbook of Procedures are exempted from- (a) the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n made on or after the 7th March, 2019 and till 31st December 2019; (2) that the export categories or sectors listed in Table annexed hereto shall not be counted for calculation of export performance or for computation of entitlement under the RoSCTL scheme; (3) that the imports and exports are undertaken through the seaports, airports or through the inland container depots or through the land customs stations as mentioned in Table 2 annexed to the notification of the Govemment of India, Ministry of Finance, Department of Revenue No. 16/2015- Customs, dated the 1st April, 2015, published vide number G.S.R. 252(E), dated the 1st April, 2015, as amended. Provided that the Principal Commissioner of Customs or the Commissioner of Custo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the said Customs Tariff Act, he shall be deemed not to have availed the exemption from the said duty for the purpose of calculation of the said additional duty of customs; (8) that the importer shall be entitled to avail of the drawback of the duty of customs leviable under the First Schedule to the said Customs Tariff Act against the amount debited in the said scrip; (9) that the importer shall be entitled to avail drawback or CENVAT credit of additional duty leviable under sub sections (I), (3) and (5) of section 3 of the said Customs Tariff Act against the amount debited in the said scrip; Explanation. - For the purposes of this notification: - (a) capital goods has the same meaning as assigned to it in paragraph 9.08 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re made against Special Advance Authorization issued under paragraph 4.04A of the Foreign Trade Policy 2015-20 in discharge of export obligations in terms of notification No. 45/2016-Customs, dated the 13th August, 2016, the rates of the RoSCTL scheme specified in Schedules 3 and 4 to the Ministry of Textiles' notification No. 14/26/2016-IT, dated the 8th March, 2019 shall apply. 3 Manufactured or exported by a unit licensed as hundred per cent. Export Oriented Unit in terms of the relevant Foreign Trade Policy. 4 Manufactured or exported by any of the units situated in Free Trade Zones or Export Processing Zones or Special Economic Zones. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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