Karnataka HC Orders DGFT Review of ₹1 Cr+ Duty Credit Scrip Claim

Oswal Alloys Pvt Ltd Vs Union of India (Karnataka High Court) The Karnataka High Court considered whether continued delay in deciding an exporter’s claim for Duty Credit Scrip exceeding ₹1 crore under the Incremental Export Incentivisation Scheme was justified. The petitioner had sought a Duty Credit Scrip of ₹1,43,89,742.12 for the year 2013–14. In earlier proceedings, the Court had directed the concerned authority to consider the claim within three months. However, the Regional Authority rejected the portion exceeding ₹1 crore by an order dated 30.03.2023, citing pending proceeding...