The exchange · For Importers

Pay customs duty with scrips, not cash.

Cover assessed customs duty with RoDTEP and RoSCTL scrips instead of rupees. Scriphouse reads the duty due across your Bills of Entry, works out the cheapest cover for it, and tracks what each scrip has been used against and what is left. A cover costs less than the cash duty it settles, and the difference is on the screen before you approve. Your first cover on each IEC carries no spread.

Ask capped at face valueAtomic settlement, T+0One price, quoted before you approve
Why importers overpay

Cash duty is the most expensive way to clear a Bill of Entry.

Basic customs duty comes out of working capital, in full, every time you clear cargo. A duty credit scrip settles that duty for less than its face value. The difference is money that never had to leave your account.

Paying in cashYou pay a hundred paise on the rupee

Every rupee of assessed duty is a rupee of your cash, locked in the Electronic Cash Ledger and gone the moment the Bill of Entry clears. No discount, no float, no upside.

Covering with scripsYou pay less, the duty still reads paid

A RoDTEP or RoSCTL scrip carries duty credit at full face value. Buy it below face, apply it when you file, and the same duty is settled for fewer rupees. A bundle costs less than the cash duty it settles, and the difference is shown before you approve.

The catch that isn'tClean title, by design

Scrips are freely transferable and the sale is GST-exempt. Every one is screened before it can be covered, and a September 2022 notification shields you, the bona-fide buyer, from the seller's prior defaults.

How Duty-Pay works

From assessed to
covered, in four steps.

One Bill of Entry at a time, with the cheapest bundle assembled for you and nothing paid until you approve.

01

Your Bill of Entry, assessed

Your assessed Bills of Entry arrive from your ICEGATE, with Basic customs duty already totalled. Pick the one you want to cover.

Synced with your ICEGATE
02

The cheapest bundle, assembled

Scriphouse assembles the cheapest bundle for the assessed duty, from whole scrips to cover the duty. The ask is capped at face value, never above 100 percent.

Cheapest whole-scrip bundle
03

See the net, then approve

You see the duty due, what you pay, and what you keep, side by side, before you commit. Nothing moves until you approve. No Bill of Entry pays itself.

You pay · You save · shown first
04

In your ledger, in minutes

Your funds are secured, the scrips transfer on ICEGATE, and the credit lands in your Electronic Duty Credit Ledger, ready to apply when you file the Bill of Entry. Any over-cover stays in your ledger. Settlement is atomic and completes in minutes, same day (T+0).

Atomic settlement · T+0
The worked example

₹9,18,000 of duty, settled without the cash.

One real-shaped Bill of Entry. The duty is settled in full, the bundle costs less than paying that duty in cash, and the exact difference is on the screen before you approve. We do not print a percentage here, because the only saving that means anything is the one quoted against your own Bill of Entry.

The Duty-Pay receipt: what you pay, what you keep

The cheapest whole-scrip bundle for this Bill of Entry, with the net laid out before you approve.

  • Basic customs duty assessed ₹9,18,000. A scrip pays duties under the First Schedule to the Customs Tariff Act 1975, so it covers the basic duty line, not IGST or compensation cess.
  • Bundle face ₹9,30,000, the cheapest set of whole scrips whose face covers the duty. A scrip transfers whole under Regulation 7(2) of the Electronic Duty Credit Ledger Regulations, 2021, so a bundle lands on or above the duty, never below it.
  • Over-cover ₹12,000 stays yours, sitting in your ledger against the next Bill of Entry rather than being spent on this one.
  • Ask capped at face, so you are never asked for more than the credit is worth.
  • What you pay is quoted in full before you approve, against this Bill of Entry, at the price the desk holds at that moment.
Duty-PayBE ······· · assessed
Duty assessed₹9,18,000
Bundle face ₹9,30,000
Duty assessed₹9,18,000
Bundle face₹9,30,000
Left in ledger₹12,000
RoDTEP ······>90d₹5,40,000Issued
RoSCTL ······30-90d₹3,90,000Issued
What you pay is quoted before you approveLess than the cash duty
Auto-Cover

Every assessed Bill of Entry, pre-covered at the cheapest set.

Set a floor, say 96.50 percent, and Auto-Cover assembles the cheapest bundle for every Bill of Entry as it is assessed. It waits at approve. Nothing pays itself. You tap to clear, or leave it, and the guard-rails hold either way.

You approveGuard-rails
Pre-covered · waiting for your tap
Bill of EntryBE ·······
Duty due₹4,12,000
Cheapest set₹4,01,300
You keep₹10,700
Assembled the moment it is assessed. It holds at approve until you tap.
The guard-rails you setAuto-Cover never buys below your floor, never asks above face value, and never pays without your approval. Anything outside the guard-rails is held for your tap, not forced through.
Floor 96.50% · ask capped at face · you approve every cover.
The honest comparison

Covering duty on Scriphouse, or paying it the old way.

Duty gets paid in cash, or a scrip gets bought off a broker on a phone quote. Both clear the cargo. The difference is what you pay, what you can see, and who carries the risk on the title.

The grey bazaarvsScriphouse
One number in a chat, and nothing to check it against.
Price
One firm number for that scrip, produced at the moment you ask and held for sixty seconds. A bundle costs less than the cash duty it settles, the difference is shown before you approve, and the ask is capped at face value.
The transfer and the payment are separate events, and whoever moves first is unsecured until the other side follows.
Settlement
Atomic DvP: buyer funds are secured before the scrip moves, or neither moves, and payout is released on ICEGATE confirmation with a UTR, in minutes, same day (T+0).
Counterparty risk is yours, and a bad seller's history can follow the scrip to you.
Risk
A failed settlement unwinds and refunds in full the same day, and September 2022 notifications shield a bona-fide transferee from a seller's prior defaults.
No check on the shipping-bill chain or the seller's IEC before you buy.
Provenance
Provenance screening before listing: shipping-bill chain, seller IEC history, KYC, and live ledger status.
Invoices and GST treatment are yours to reconstruct at audit time.
Paperwork
Every trade ships a GST invoice and a net-realisation statement, with a per-trade audit pack and a full ledger export, CSV or Tally-ready.
The haggling, the chasing, and the reconciliation are all your effort.
Effort
No haggling: the 60-second countdown is the negotiation, and Autopilot or Auto-Cover runs the rest inside your guard-rails.

Cover the duty on a Bill of Entry for less, and see every rupee of it. Scrip sale is GST-exempt under HSN 4907. See how Scriphouse handles compliance and trust.

Provenance screening

A scrip you cover has clean title, before you ever see it.

Every scrip is screened before it can be listed, and the law is on the buyer's side. What you cover a Bill of Entry with is a scrip whose history has already been checked.

The shipping-bill chain, checked

Before a scrip can be covered, its shipping-bill chain is traced end to end, so the credit it carries is credit that was actually earned.

Seller IEC history and KYC

The seller's IEC history is reviewed and KYC is verified. A scrip with a questionable origin never reaches the bundle assembled for you.

Live ledger status

Status is read live from the Electronic Duty Credit Ledger on ICEGATE rather than from a stale copy, and shown against the scrip in your ledger.

Transferee protection, September 2022

Government notifications from September 2022 shield a bona-fide transferee from a seller's prior defaults. A clean title you buy stays clean.

Atomic settlement, or full refund

Your funds are secured before any scrip moves, or neither moves. If a settlement fails, it unwinds and refunds in full the same business day.

An audit pack per trade

Every trade ships a GST invoice, a net-realisation statement, and a hash-chained audit trail. Export the whole record, CSV or Tally-ready vouchers, whenever you want it.

Straight answers

What clearing on scrips actually means.

The ask on a scrip is capped at its face value, never above 100 percent. Over-cover from a whole scrip stays in your ledger for next time, so nothing is lost to it.

Settlement is atomic, delivery versus payment. Your funds are secured before the scrip transfers on ICEGATE, or neither moves. A failed settlement unwinds and refunds in full the same day.

The cover lands in your Electronic Duty Credit Ledger in minutes, and the seller payout is released against ICEGATE confirmation with a UTR. Same day, every time.

Scriphouse operates ICEGATE under a signed, revocable Power of Attorney, and nothing is submitted without your approval. No Bill of Entry pays itself.

Every trade ships a GST invoice and a net-realisation statement, price, fee, and take-home laid out. Scrip sale is GST-exempt under HSN 4907; the Scriphouse fee carries 18 percent GST.

A September 2022 notification shields a bona-fide transferee from a seller's prior defaults. Combined with provenance screening before listing, a clean title you buy stays clean.

If the duty debited at port does not match what was assessed, you raise it against that exact bill and it stays attached to it until it is resolved. Every message we send is tracked to delivery, so one that did not reach you is never shown to you as delivered.

You link your IEC one time, with one OTP. You do not repeat that step to cover a bill, so one landing at port on a Friday evening does not start with hunting for a code.

Every cover produces a GST-correct invoice, and your invoices come out as a Tally-ready file or a GST-register row per invoice. Your accountant imports them instead of keying them in.

Questions

Asked, answered.

Yes. RoDTEP and RoSCTL credits are recorded in the Electronic Duty Credit Ledger on ICEGATE and are transferable by design, and covering a Bill of Entry with them is what they are for. The sale of a scrip is exempt from GST under HSN 4907, at S. No. 137 of Notification 10/2025-Central Tax (Rate) with effect from 22-09-2025, so no GST rides on the credit itself.

On the two commercial grounds that used to reach a buyer, no: Notifications 75/2022 and 76/2022-Customs (N.T.) of September 2022 removed recovery from a transferee where the exporter had been allowed excess credit or had not realised export proceeds. Fraud is a narrower question and the answer turns on the facts, which is why every scrip is checked against its shipping-bill chain, the seller's IEC history, KYC and the live ledger before it can be covered. We would rather screen it out than argue about it afterwards.

In minutes, on the same business day. The credit sits in your Electronic Duty Credit Ledger, ready to apply when you file the Bill of Entry. If a settlement ever fails, it unwinds and refunds in full the same day.

Nothing is wasted. A scrip moves whole, so a bundle can slightly exceed your duty. The ask is capped at face value, never above 100 percent, and any over-cover stays in your Electronic Duty Credit Ledger for the next Bill of Entry, so it is credit you still hold rather than money spent on this filing.

Your first cover on each IEC carries no spread: you pay the seller's price, with nothing added. After that there is still no commission and no processing fee on the buy leg. What the leg carries is a spread over the seller's bid, in the worked example plus 0.25 percent, priced into the bundle before you approve it, alongside a GST invoice and a net-realisation statement.

You sign in once to authorise the connection, and you can end it at any time by telling us to. From then on your duty and your cover stay in step without you re-keying anything, and every action taken on your behalf is written down where you can read it back.

Get started

Cover your next Bill of Entry for less.

Assessed duty in, the cheapest whole-scrip bundle transferred into your ledger in minutes, same day, ready to apply when you file.

Your first cover on each IEC carries no spread. After that the buy leg carries a spread, never a commission, inside the one price you approve.