The Central Board of Indirect Taxes and Customs (CBIC) on March 11, 2024, amended an older notification No.24/2023-Customs (N.T.), dated April 01, 2023, related to the manner of issue of duty credit for goods exported under the RoDTEP Scheme under Foreign Trade Policy, 2023.
The following has been stated: -
•In clause 2 of the notification, (a) in sub-clause (1), for item (b), the following shall be substituted, namely: -
“(b)against export of goods notified in Appendix 4R of the Foreign Trade Policy or against export of goods under Advance Authorisation (except Deemed Exports) as notified in Appendix 4RE of the Foreign Trade Policy or export of goods manufactured by or exported by Export Orient Unit as notified in the said Appendix 4RE, at the respective rate and cap notified under the Appendix 4R or Appendix 4RE, as applicable.
•In the TABLE, Sl. No’s. 6, 7, 8, and 10 and the entries relating thereto shall be omitted.
The detailed notification is given in the document attached below.
[Notification No. 20/2024 –Customs (N.T.)]
