Validity period of Duty Credit Scrips has been increased from 18 months to 24 months

The Director General of Foreign Trade vide Public Notice no. 33/2015-2020 dated October 23, 2017 has increased the validity period of Duty Credit Scrips (“scrips”), issued under chapter 3 of Foreign Trade Policy, to 24 months from earlier 18 months.

Though, 24 months validity period will be applicable only on scrips issued on or after January 1, 2016.

Read more at: http://dgft.gov.in/Exim/2000/PN/PN17/PN%2033%20in%20english.pdf