CBIC notifies Electronic Duty Credit Ledger Regulations for providing credit under RoDTEP

The CBIC has published the Electronic Duty Credit Ledger Regulations, 2021 for credit under the RoDTEP and RoSCTL schemes. Any shipping bill or bill of export presented on or after January 1, 2021, with a claim of duty credit under this Scheme, will be handled in the automated customs system.

(a) in lieu of remission of any duty, tax, or levy imposed on any material used in the manufacture or processing of goods, or in the performance of any operation on such goods in India that are exported; or (b) in lieu of remission of any duty, tax, or levy imposed on any material used in the manufacture or processing of goods, or in the performance of any operation on such goods in India that are exported.

(b) in lieu of any other monetary benefit, subject to the terms and circumstances set out therein.

Following are some of the Regulation’s significant highlights:

Issuance of duty credit in the scroll (Regulation 3) :– (1) A shipping bill or a bill of export provided on or after January 1, 2021, with a claim of duty credit under RoDTEP or RoSCTL, must be processed using the customs automated system.

The proper officer in the customs automated system will create a scroll for duty credit after the claim is approved. For each Scheme, individual scrolls will be created.

The information of the scroll, including the details of the shipping bill or bill of export, the duty credit authorised, and the date of scroll generation, must be visible in the customs automated system to the exporter who is the recipient of the duty credit.

Input of e-scrip into the ledger (Regulation 4) :– Within one year of the date of generation of the scroll in the customs, the exporter shall have the option to combine the duty credits under a particular Scheme, which are allowed to him in one or more shipping bills or bills of export, and to carry forward the said duty credits to create an e-scrip for that Scheme in the ledger, customs station-wise according to the customs station of export.

If the exporter does not exercise the option of creating the e-scrip within the one-year period, duty credit in each scroll will be combined customs station-wise for each Scheme and will be automatically created in the exporter‘s ledger by the customs automated system as a single e-scrip for duty credit for that Scheme, for each customs station.

E-scrip use and validity (Regulation 6) :– The duty credit in the ledger’s e-scrip will be utilised to pay customs duties as defined in the First Schedule of the Customs Tariff Act, 1975.

The e-scrip will be valid for one year from the date of its formation in the ledger, and any duty credit left in the e-scrip at the end of that period will expire.

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