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of <h1>Clarification on Duty Credit Scrips: Ensuring Proper Use and Transferability Under Foreign Trade Policy Guidelines.</h1> The circular addresses discrepancies in the use of duty credit scrips under the Foreign Trade Policy, highlighting issues with their transferability and the specific goods they can be used for. It notes instances of incorrect usage, such as duty credit scrips being registered under the wrong scheme, and emphasizes the need for careful adherence to guidelines. The document reminds customs officials to ensure that scrips are used in accordance with the conditions set by reward or incentive schemes and relevant customs notifications, even when used for discharging duties on imported goods due to export obligation defaults.
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