https://www.taxtmi.com/circulars?id=71078 Where online recording of MEIS scrip transfer and ownership details is unavailable, importers seeking to use a scrip for customs-duty payment must establish the complete ownership chain through bank-certified transfer instruments. They must also provide certified purchase-payment details, upload all materials through E-Sanchit, and furnish an indemnity bond covering misuse, fraudulent transfer or procurement, and third-party claims. Customs officers verify ownership from these materials, while responsibility for valid and genuine transactions and resulting ownership disputes remains with the importer and seller or sellers. en-us Mon, 01 Nov 2021 00:00:00 +0530 Mon, 07 Sep 2026 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71078 Where online recording of MEIS scrip transfer and ownership details is unavailable, importers seeking to use a scrip for customs-duty payment must establish the complete ownership chain through bank-certified transfer instruments. They must also provide certified purchase-payment details, upload all materials through E-Sanchit, and furnish an indemnity bond covering misuse, fraudulent transfer or procurement, and third-party claims. Customs officers verify ownership from these materials, while responsibility for valid and genuine transactions and resulting ownership disputes remains with the importer and seller or sellers. Circulars Customs Mon, 01 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71078