TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART-1 SECTION -I)

 GOVERNMENT OF INDIA

 MINISTRY OF COMMERCE & INDUSTRY

 DEPARTMENT OF COMMERCE

  PUBLIC NOTICE NO. 33 /2015-2020

        NEW DELHI, DATED THE 2.3rd OCTOBER, 2017

 

In exercise of powers conferred under Paragraph 2.04 of FTP 2015-2020, the Director General of Foreign Trade hereby makes the following amendment in the para 3.13 of the Handbook of Procedures (2015-2020).
 
2. The existing para 3.13 of HBP (2015-2020) reads as under:-
Duty Credit Scrip shall be valid for a period of 18 months from the date of  issue and must be valid on the date on which actual debit of duty is made. Revalidation of Duty Credit Scrip shall not be permitted unless covered under paragraph 2.20(c) of HBP.
 
3. The amended para 3.13 of HBP (2015-2020) is substituted to read as under:-
Duty Credit Scrip issued on or after 01.01.2016 under chapter 3 shall be valid for a period of 24 months from the date of issue and must be valid on the date on which actual debit of duty is made. Revalidation of Duty Credit Scrip shall not be permitted unless covered under paragraph 2.20(c) of HBP.

4. Effect of this Public Notice:

The validity period of duty credit scrips issued under chapter 3 of Foreign Trade policy is being increased from 18 to 24 months for scrips issued with effect from 01.01.2016
 

[Issued from File no. 01/61/180/28/AM18/PC-3]

(Alok Vardhan Chaturvedi) 
Director GeneraI Of Foreign Trade
 

Refer Vide:-Trade Notice 08/2018-19 Dated 15/05/2018