RoDTEP Scheme – Recovery of Amount of Duty Credit Clause Amended

· Electronic Duty Credit Ledger Regulations, 2021 – Validity Period of E-scrip Increased to Two years from One Year

[CBIC Circular No. 21/2022-Customs dated 26 September 2022]

[See Daily Index of Changes issues dated 15.09.2022 for detail]

Subject: - Amendments to Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)

The undersigned is directed to say that the RoDTEP scheme notification No. 76/2021- Customs (N.T.) dated 23.09.2021 has been amended vide notification No. 75/2022 - Customs (N.T.) dated 14.09.2022 whereby the para 4(2), para 5(5) and the words “or the transferee” in para 6 of the principal notification have been deleted. The effect of these amendments is the deletion of certain conditions related to transferee-holder of the scrip.

Further, the Electronic Duty Credit Ledger Regulations, 2021 issued vide notification No. 75/2021-Customs (N.T.) dated 23.09.2021 have been amended vide notification No. 79/2022 - Customs (N.T.) dated 15.09.2022. In Regulations 6(2) and 7(3) of the principal regulations, the words “two years” have been substituted for the words “one year”. The effect of these amendments is that the validity period of scrips is increased from one year to two years from the date of their generation.

It is requested to issue suitable public notice and standing order in this regard.

F. No. CBIC-140605/17/2021-O/o Dir(Drawback)-CBEC