Procedure to be followed in case of Registration of Duty Credit scrips issued under Served from India Scheme Certificate (SFISC) Vishesh Krishi and Gram Udyog Yojana(VKGUY); Target Plus Scheme (TPS); Focus Market Scheme (FMS) and Focus Product Scheme (FPS)–reg
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Registration of Duty Credit Scrips: EDI entry after genuineness checks and random verification ensures documentary compliance. Registration requires presentation of original scrips with annexures and BRCs to TA (License) for acknowledgment and forwarding to AO/Supdt; ACAO checks the Alert Register and Licence genuineness is confirmed via DGFT. On no alert and no discrepancy the AO/Supdt registers the scrip in the EDI system, endorses Job and Registration Numbers on originals and returns originals against acknowledgment. Random documentary verification and crosschecking of shipping bills, FOB values and BRCs with EGM/EDI records are conducted and any discrepancies are referred to DC/AC (Licence) for action.
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Provisions expressly mentioned in the judgment/order text.
Registration of Duty Credit Scrips: EDI entry after genuineness checks and random verification ensures documentary compliance.
Registration requires presentation of original scrips with annexures and BRCs to TA (License) for acknowledgment and forwarding to AO/Supdt; ACAO checks the Alert Register and Licence genuineness is confirmed via DGFT. On no alert and no discrepancy the AO/Supdt registers the scrip in the EDI system, endorses Job and Registration Numbers on originals and returns originals against acknowledgment. Random documentary verification and crosschecking of shipping bills, FOB values and BRCs with EGM/EDI records are conducted and any discrepancies are referred to DC/AC (Licence) for action.
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