Scrip validity extension: Chapter three scrips now carry extended validity across FTP periods without amendment requirement. The Directorate confirms that the amendment in Public Notice 33, which increases Chapter Three scrip validity to 24 months and is incorporated into the Handbook of Procedures 2015-20, applies to all Chapter Three scrips irrespective of the FTP policy period. Scrip holders need not approach Regional Authorities for amendments to reflect the extended validity; the change is effective by virtue of the Handbook amendment and is communicated for guidance to trade and Customs formations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Scrip validity extension: Chapter three scrips now carry extended validity across FTP periods without amendment requirement.
The Directorate confirms that the amendment in Public Notice 33, which increases Chapter Three scrip validity to 24 months and is incorporated into the Handbook of Procedures 2015-20, applies to all Chapter Three scrips irrespective of the FTP policy period. Scrip holders need not approach Regional Authorities for amendments to reflect the extended validity; the change is effective by virtue of the Handbook amendment and is communicated for guidance to trade and Customs formations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
