Chatroom: 'RoDTEP credit doesn't lapse after 1 year from scroll generation'

The ICPO referred to by you does not give you full payment security, as, say, a bank guarantee or irrevocable LC would give

We had made some exports under the RoDTEP scheme more than one year back. We received the duty credit in the electronic credit ledger but did not generate the e-scrip. Now, our ledger shows the credit but does not allow us to make the

e-scrip. So, we are unable to use the duty credit. Is there any provision that says that the duty credit will lapse if we do not generate the e-scrip within one year?
 

No. Regulation 4(1) of the Electronic Duty Credit Ledger Regulations, 2021, says that the exporter will have the option to combine the duty credits under