https://www.taxtmi.com/forum/issue?id=109183 The query asks whether an SFIS scrip can be used to import a car as a capital good or to claim excise exemption on a domestically produced vehicle, noting that SFIS permits either duty-free import of capital goods or excise exemption for domestic manufacture. The correspondent was directed to consult para 3.12 of the Foreign Trade Policy, para 3.6 of the Handbook of Procedures, and the prescribed application form and supporting documents to determine eligibility, definitions of capital goods, and requisite documentation and procedural compliance. en-us Fri, 18 Sep 2015 10:34:55 +0530 Thu, 23 Jan 2025 15:56:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109183 The query asks whether an SFIS scrip can be used to import a car as a capital good or to claim excise exemption on a domestically produced vehicle, noting that SFIS permits either duty-free import of capital goods or excise exemption for domestic manufacture. The correspondent was directed to consult para 3.12 of the Foreign Trade Policy, para 3.6 of the Handbook of Procedures, and the prescribed application form and supporting documents to determine eligibility, definitions of capital goods, and requisite documentation and procedural compliance. Discussion-Forum Customs Fri, 18 Sep 2015 10:34:55 +0530 https://www.taxtmi.com/forum/issue?id=109183