Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Circular Tightens Verification of Duty Credit Scrips and DFIAs to Combat Fraudulent Use; Emphasizes Quick and Accurate Processes.</h1> The circular addresses the prevention of misuse of non-genuine transferable duty credit scrips and duty-free import authorizations (DFIA). It highlights instances of fraudulent use and outlines procedures for verifying the authenticity of these financial instruments. The circular instructs field formations to verify scrips and DFIAs from issuing authorities, especially when not received electronically, and emphasizes quick registration processes. It mandates checks at various stages to prevent misuse, including verification of export details and ensuring correct entry in the Customs EDI system. Field formations must align their practices with these guidelines and report any issues to the Board.