Horizon Business Solutions provides a complete guide to Scrip Management in the context of India’s Foreign Trade Policy — especially relevant for exporters who receive duty credit scrips under schemes like RoDTEP, RoSCTL, and formerly MEIS/SEIS.
🎯 What Is a Duty Credit Scrip?
A duty credit scrip is a tradable certificate issued by DGFT that allows exporters to:
- Offset basic customs duty on future imports
- Claim incentives based on export performance
- Transfer the scrip to other importers if not used
These scrips are issued digitally via the ICEGATE portal and are linked to the exporter’s IEC.
🛠️ Scrip Management Functions
Whether you’re an exporter or a transferee, here’s what you can do:
🔹 For Exporters
- View scrips issued under RoDTEP/RoSCTL
- Generate scrips from scrolls (after EGM filing)
- Transfer scrips to another IEC holder
- Track utilization against customs duty payments
🔹 For Transferees- Accept transferred scrips
- Use scrips to pay customs duty
- Monitor balance and expiry
📋 How to Manage Scrips on ICEGATE
- Log in to ICEGATE using your IEC and credentials
- Navigate to Scrip Management Module
- Choose from:
- “View Scrips”
- “Transfer Scrip”
- “Accept Scrip”
- “Utilization Report”
- Follow on-screen instructions to complete each action
🔄 Transfer Recording
DGFT has discontinued physical scrips and now requires online transfer recording. This ensures:
- Transparency in scrip ownership
- Real-time tracking of usage
- Simplified audit and compliance
For MEIS/SEIS scrip holders, DGFT recommends updating transfer records digitally so customs can validate them.
📗 Helpful Resources
- ICEGATE Scrip Management Portal