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of <h1>New SFIS Procedure: Present Original Scrip for Excise Duty Exemption Verification During Domestic Goods Procurement.</h1> The circular outlines the procedure for debiting original scrips issued under the Served from India Scheme (SFIS) for payment of central excise duty during domestic procurement of goods. It mandates that scrip holders present the original scrip to the Central Excise officer at the time of goods clearance for duty exemption verification. The officer verifies the scrip's authenticity and available balance, debits the scrip, and records the details. Scrip holders must notify Customs of debits before further clearances. This procedure eliminates the need for Transfer Release Advice (TRA) issuance by Customs. Public and staff notices are recommended for guidance.
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