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

service exports
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T N C Rajagopalan
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

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First Published: Nov 29 2022 | 12:34 AM IST

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