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DGFT Foreign Trade Policy Foreign Trade Policy (Upto 22/08/2010) 3.17.11

Facility of Payment of Customs Duties in case of EO defaults

3.17.11

Duty Credit Scrips can also be used / debited towards payment of Customs Duties in case of EO defaults under Authorizations issued under Chapters 4 and 5 of the Policy. [OLD Duty Credit Scrips can also be used / debited towards payment of Customs Duties in case of EO defaults under Authorizations issued under Chapters 4 and 5 of this Policy.] However, penalty / interest shall be required to be paid in cash.

(In above para first sentence has been replaced by NTF. NO. 32/2009, DT. 26.02.2010)

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