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of <h1>Clarification on Transferability of Goods Under SFIS Scrips: Rules for FTP 2009-14 and FTP 2004-09 Explained.</h1> The circular addresses the transferability of goods imported or procured by debiting duty in SFIS scrips. It clarifies that such goods, under FTP 2009-14, can be sold or transferred after three years from the date of import or procurement, as per the Department of Commerce's notification. For goods under FTP 2004-09, transferability requests will be considered by DGFT based on merits, aligning with a court judgment. Consumables, including food and alcoholic beverages, remain non-transferable. DGFT will also consider export sales requests without export incentives. Public notices should be issued to guide trade accordingly.
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