Applicability of notification No 41/2005-Cus to the goods imported against the credit Scrips issued under para 3.8.6 of Foreign Trade Policy (FTP) (2008-09) under Vishesh Krishi Gram Udyog Yojana (VKGUY) scheme - Reg

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..... t of Revenue New Delhi , the 16th February,2009 . Sub: Applicability of notification No 41/2005-Cus to the goods imported against the credit Scrips issued under para 3.8.6 of Foreign Trade Policy (FTP) (2008-09) under Vishesh Krishi Gram Udyog Yojana (VKGUY) scheme - Reg Reference is invited to para 3.8.6 of the Foreign Trade Policy (FTP) wherein St .....

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..... ara 3.8 of FTP covers para 3.8.6 also, it is clarified that, the present Notification No 41/2005-Cus would cover imports under para 3.8.2 and para 3.8.6 of FTP. 3. It may be mentioned that in terms of provisions of the FTP, the duty credit scrips under para 3.8.2 are issued to all exporters against the export of notified items. These scrips can be used for the import of inputs or .....

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..... ken in permitting transferability only to those scrips which are issued under Para 3.8.2 of FTP. 5. These instructions may be brought to the notice of the field officers by issuing suitable Standing orders/instructions. Difficulties faced, if any in the implementation of the Circular may please be brought to the notice of the Board at an early date. Yours faithfully, (P.V.K. Rajasekh .....

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