Transferability of goods imported /procured by debiting duty in SFIS Scrips

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..... 4/2016 Subject: Transferability of goods imported /procured by debiting duty in SFIS Scrips. Attention of all Importers, Exporters, Customs Brokers and other stakeholders is invited to the Board's Circular No. 49/2016-Customs dated on the above mentioned subject. 2. Transferability of goods imported/ procured by debiting duty in SFIS scrips was consi .....

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..... t/ procurement in terms of the Department of Commerce Notification No. 30 dated 1.8.2013. (b) In the light of the Hon'ble High Court's order and absence of specific amendment by Dept. of Commerce to the FTP 2004-09, requests for sale/ transfer of goods imported/ procured utilizing SFIS scrip issued in terms of FTP 2004-09 shall be considered by DGFT in terms of para 2.5 of FT .....

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..... equests for export/ sale of goods any time after import/ procurement, subject to such export being without claim for any export incentive, rebate, refund, drawback and/or re-credit of incentive and the bringing into India being treated as a fresh import. 4. Difficulties faced, if any, may be brought to the notice of this office. (SUVIR MISRA) COMMISSIONE .....

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