https://www.taxtmi.com/circulars?id=53644 Verification and monitoring procedures are mandated for EPCG, Advance Authorization, DFIA and Chapter 3 duty credit scrips under the Foreign Trade Policy. Customs authorities must ensure timely submission and random verification of installation certificates, address and shipping bills, accept Export Obligation Discharge Certificates absent adverse intelligence, and initiate revenue-protection action where certificates are not submitted. Genuineness checks for duty credit scrips must precede registration and quarterly reports on verification outcomes must be sent to the Board; the regime will be reviewed once online transmission of scrips is enabled. en-us Mon, 17 May 2010 00:00:00 +0530 Mon, 22 Jun 2015 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53644 Verification and monitoring procedures are mandated for EPCG, Advance Authorization, DFIA and Chapter 3 duty credit scrips under the Foreign Trade Policy. Customs authorities must ensure timely submission and random verification of installation certificates, address and shipping bills, accept Export Obligation Discharge Certificates absent adverse intelligence, and initiate revenue-protection action where certificates are not submitted. Genuineness checks for duty credit scrips must precede registration and quarterly reports on verification outcomes must be sent to the Board; the regime will be reviewed once online transmission of scrips is enabled. Circulars DGFT Mon, 17 May 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53644