Every shipping bill becomes cash, at the reference rate.
Your RoDTEP and RoSCTL scrips arrive on their own. A firm offer lands at the published Scrip Reference Rate or better, you tap once, and the money is in your bank in minutes, same day (T+0) by IMPS, with a UTR on the receipt.
The discount haggle, retired.
A duty-credit scrip is money the government owes you for exporting. Turning it into cash used to mean brokers, phone quotes, and a discount you could not check. Now it means this.
We watch your scrolls at every port. The scroll matures, the scrip issues, and it lands in your Scrip Ledger with a status you can trust: Issued, Reserved, or Transferred. Nothing to file, nothing to fetch.
Sell Now returns a single number at the published Scrip Reference Rate or better, held firm for 60 seconds, with its reasons shown. No bidding, no counterparty to chase. You tap Confirm, or you let it pass.
Settlement is atomic. Buyer funds lock before the scrip moves, the payout fires by IMPS with a UTR in minutes, same day (T+0), and every trade files a GST invoice and net-realisation statement for your auditor.
Four steps to
money in your bank.
One scrip at a time, or the whole book on Autopilot. Either way the last step is a payout with a UTR.
Connect once
Link your IEC a single time, with one OTP. The connection state is always visible: Connected, Action needed, or Not connected. Managed under a signed, revocable Power of Attorney.
Connected · one OTPPick a scrip
Open the Scrip Ledger and choose what to sell. Scheme, port of issue, face value, days to expiry, and today's bid against the reference rate are all in front of you before you commit.
Issued · Reserved · TransferredTake the firm offer
Sell Now returns one number at the SRR or better, locked for 60 seconds, with its reasons shown: base, surge, and expiry band. Tap Confirm, or let the offer pass with nothing owed.
Firm 60s · reasons shownMoney in your bank
Buyer funds lock before the scrip moves. The transfer executes on ICEGATE, confirmation lands, and the payout fires by IMPS in minutes, same day (T+0), with the UTR on the receipt.
T+0 · IMPS with UTREverything a seller needs. Nothing they don't.
Scrip Ledger, Sell, Autopilot, and Funds. A tour of the screens you will live in, and the receipts that leave with you.
The Scrip Ledger: every scrip, priced and statused
Each duty-credit scrip lives here with a status you can trust, reconciled against live ICEGATE state, searchable by scrip number or scheme.
- Status on every scrip. Issued, Reserved, or Transferred, so you always know what is sellable right now.
- Full detail on open. Scheme, port of issue, face value, days to expiry, and today's bid against the reference rate.
- Expiry radar. Lots inside 30 days get sell-now priority before the credit lapses.
- Export to Excel the whole ledger, any time, with nothing stuck here.
Sell Now, or the whole book on Autopilot
Sell Now for a single firm offer. Autopilot for every future scroll, inside guard-rails you set. Both end the same way: a payout with a UTR.
- Firm for 60 seconds. One number, benchmarked to the SRR, locked while you decide. The countdown is the negotiation.
- Your floor, your rules. Autopilot sells at the reference rate or better, never below the floor you set, whole scrips only.
- Nothing acts alone. A bid below your floor or a lot near expiry is held for your tap. Every write waits for approval.
- Reasons shown. Base, surge, and expiry band on every offer, so the price is never a mystery.
RODT2526DL0008820: bid 96.80% is below your floor, waiting for your tap
ROSC2526MH0006612: 28 days to lapse, moved to sell-now priority
Funds and payouts: receipts that leave with you
Money is held safe in partner-bank virtual accounts, released on ICEGATE confirmation, and paid out with a UTR. The books keep themselves.
- A UTR on every payout, fired by IMPS in minutes, same day (T+0) as the scrip transfers.
- Download the audit pack. GST invoice, net-realisation statement, and the hash-chained trail per trade.
- Scrip sale is GST-exempt, HSN 4907 under Notification 02/2017. The ScripX fee carries 18% GST, shown on the invoice.
- Export the full ledger to Excel when the auditor calls.
RoDTEP paid the week you ship, not the month it issues.
A scroll can sit at port for weeks before the scrip issues. Advance pays your RoDTEP the same week you ship, against scrolls still at port, with an NBFC partner funding the gap. The rest releases the moment the scrip issues and lands in your ledger. Your working capital stops waiting on the port.
Early access with a partner NBFC. Terms and eligibility set with the NBFC partner.
Sell one scrip by hand, or let every scroll sell itself.
Sell Now is one firm offer you confirm in the moment. Autopilot sells every future scroll at the SRR or better, above a floor you set, whole scrips only. Anything outside your guard-rails is held for your tap, and nothing ever reaches ICEGATE without your approval.
Selling on ScripX, or selling in the grey bazaar.
Scrips have long changed hands through informal brokers on a phone quote. That market is real and it works for many. The difference is what you can see, and who carries the risk.
Scrip sale is GST-exempt under HSN 4907. See how ScripX handles compliance and trust.
Money before the scrip moves. Every time.
The reason you can sell to a screen instead of a person is the settlement design. It is atomic, benchmarked, and built to unwind cleanly if anything goes wrong.
Buyer funds lock in partner-bank virtual accounts before any scrip moves. The transfer executes seller to buyer on ICEGATE, and the payout fires on confirmation by IMPS, in minutes, same day (T+0), with a UTR. If a settlement fails, it unwinds and refunds in full the same day.
Every scrip is checked against its shipping-bill chain, the seller IEC history, KYC, and live ledger status before it can be sold. Government notifications from September 2022 shield a bona-fide transferee from a seller's prior defaults.
ScripX operates on an agency model and never takes title. Credentials sit in a server-side vault, never in the browser. Every write follows prepare, review, approve, e-sign, submit. Nothing auto-submits, on a hash-chained, tamper-evident audit trail.
The scrip sale is GST-exempt, HSN 4907. The ScripX fee carries 18% GST. Every trade ships a GST invoice and a net-realisation statement showing price, ITC impact, fee, and take-home, with a full Excel export whenever you want it.
Trust, stated plainly.
The Scrip Reference Rate is published every trading day by scheme and expiry band. It tells you what your credit is worth today, but it is not itself an offer to trade. The firm number comes from Sell Now, locked for 60 seconds.
Shipping-bill chain, seller IEC history, KYC, and live ledger status are all checked before a scrip can be sold. September 2022 notifications shield a bona-fide transferee from a seller's prior defaults.
A copyable trade reference, a downloadable audit pack per trade, and full Excel export of the ledger, whenever you want. Your records leave with you.
You tap Confirm in the moment. Funds lock before the scrip moves, and the payout fires by IMPS in minutes, same day (T+0), with the UTR on the receipt. If anything stalls, the trade unwinds and refunds in full the same day.
Autopilot sells only inside the guard-rails you set. Anything below your floor or near expiry is held for your tap. Every write to ICEGATE follows prepare, review, approve, e-sign, submit, and nothing auto-submits.
Rs 0 today: zero commission, zero processing. The standard fee afterwards is 0.40% of face value plus 18% GST, charged only when a trade settles. No subscriptions, no listing fees, no minimums.
Asked, answered.
Against the Scrip Reference Rate, the SRR, published every trading day by scheme and expiry band. A recent print showed RoDTEP at 98.20% and RoSCTL at 97.60%. Every Sell Now offer shows its reasons in the open: the base rate, any surge, and the expiry band. Lots over Rs 2 Cr earn a size premium. The offer is one firm number, locked for 60 seconds. The countdown is the negotiation.
No. You never chase a counterparty. ScripX is the exchange, and settlement runs on an agency model, so you sell into the book and the payout comes back to you. No listing, no bidding, no waiting for someone to take the other side.
In minutes, same day (T+0). Buyer funds lock in a partner-bank virtual account before the scrip moves. The transfer executes seller to buyer on ICEGATE, and on confirmation the payout fires by IMPS with a UTR on the receipt. Every trade ships a GST invoice and a net-realisation statement showing price, fee, and take-home.
The scrip sale itself is GST-exempt: duty-credit scrips are HSN 4907, covered by Notification 02/2017. The ScripX fee carries 18% GST, and every trade ships a GST invoice plus a net-realisation statement so your books close on their own.
Autopilot sells every future scroll at the SRR or better, above a floor you set, for example 97.00%, whole scrips only. Anything outside your guard-rails, a bid below your floor or a lot near expiry, is held for your tap instead of sold. Nothing auto-submits to ICEGATE. Every write waits for your approval.
Rs 0 in early access: zero commission, zero processing. After that the standard fee is 0.40% of face value plus 18% GST, charged only when a trade settles. No subscriptions, no listing fees, no minimums. You are billed on settlement or not at all.
Two safeguards. Government notifications from September 2022 shield a bona-fide transferee from a seller's prior defaults, and settlement is atomic: if anything stalls, the trade unwinds and refunds in full the same day. Every scrip is provenance-screened before it lists, against its shipping-bill chain, seller IEC history, KYC, and live ledger status.
Under a signed, revocable Power of Attorney. Credentials sit in a server-side vault and never touch the browser. Every write follows a fixed path: prepare, review, approve, e-sign, submit. Nothing auto-submits, and a hash-chained, tamper-evident audit trail records each step. Export the whole ledger to Excel, or pull the audit pack for any single trade.
Buying, or running a book for others?
Pay customs duty for less
Cover a Bill of Entry with scrips instead of cash. We assemble the cheapest whole-scrip bundle, apply it on ICEGATE, and you keep the difference against cash duty.
Cover a duty bill →The desk · For Brokers & CHAsRun every client IEC from one desk
Keep the client and the commission. Settlement and paperwork run on ScripX rails, and a quote API embeds in your own portal when you want it.
Open the desk →Guides · ResourcesDuty-credit scrips, explained plainly
Playbooks on RoDTEP, RoSCTL, the Electronic Duty Credit Ledger, and how to read the reference rate before you sell.
Read the guides →
Turn your next shipping bill into cash.
Connect your IEC once. Your scrips are already on their way, and the first offer is a tap away.