https://www.taxtmi.com/forum/issue?id=108004 Whether an importer of marine goods may utilise an SFIS scrip issued to a hotel when the hotel and importer are separate companies is questioned; the inquiry focuses on how the transaction can be effected and the procedures and precautions to be taken, including verifying scrip transferability, obtaining contractual consent and endorsements, maintaining clear invoicing and supply records with the hotel as recipient, and ensuring regulatory and customs compliance through documentary verification and due diligence. en-us Thu, 12 Feb 2015 15:40:14 +0530 Thu, 23 Jan 2025 15:57:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108004 Whether an importer of marine goods may utilise an SFIS scrip issued to a hotel when the hotel and importer are separate companies is questioned; the inquiry focuses on how the transaction can be effected and the procedures and precautions to be taken, including verifying scrip transferability, obtaining contractual consent and endorsements, maintaining clear invoicing and supply records with the hotel as recipient, and ensuring regulatory and customs compliance through documentary verification and due diligence. Discussion-Forum Customs Thu, 12 Feb 2015 15:40:14 +0530 https://www.taxtmi.com/forum/issue?id=108004