TMI BlogRegarding the manner of issue of duty credit for goods exported under the RoDTEP Scheme under Foreign Trade Policy, 2023X X X X Extracts X X X X X X X X Extracts X X X X ..... tions as specified herein, in accordance with paragraph 4.01(d) of the Foreign Trade Policy. 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; 1 [ (b) against export of goods notified in Appendix 4R of the Foreign Trade Policy or against export of goods under Advance Authorisation (except Deemed Exports) as notified in Appendix 4RE of the Foreign Trade Policy or export of goods manufacture ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nder the Scheme against export of goods 2 [ notified in the said Appendix 4R or Appendix 4RE, as applicable ] shall be subject to realisation 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 made earlier by the said ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 the enquiry under sub-para (1). 4. Recovery of amount of duty credit. - (1) Where an amount of duty credit has, for any reason, been a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he 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 the said interest, in the manner as provided in section 142 of the said Act. 6. During the pendency of any recovery, as provided in paras 4 and 5, no further duty credit, on any subsequent exports, shall be allowed to such exporter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ade Policy 3. Exports through trans-shipment, meaning thereby exports that are originating in third country but transshipped through India 4. Goods subject to minimum export price or export duty 5. Deemed exports under Foreign Trade Policy 3 [ 6. **** 7. **** 8. **** ] 9. Goods manufactured and supplied by units in Domestic Tariff Area to units in Special Economic Zone/Free Trade Warehousing Zone 3 [ 10. **** ] 11. Goods manufactured partly or wholly in a warehouse under section 65 of the Customs Act, 1962 (52 of 1962) 12. Goods availing the benefit of the notification No. 32/1997-Customs, dated the 1st April, 1997 13. Goods for which claim of duty credit is not filed in a shipping bill or bill of export in the customs automated system 14. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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