Applicability of notification No 41/2005-Cus to the goods imported against the credit Scrips issued under para 3.8.6 of Foreign Trade Policy (FTP) (2008-09) under Vishesh Krishi Gram Udyog Yojana (VKGUY) scheme - Reg

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 16th February,2009. Sub: Applicability of notification No 41/2005-Cus to the goods imported against the credit Scrips issued under para 3.8.6 of Foreign Trade Policy (FTP) (2008-09) under Vishesh Krishi Gram Udyog Yojana (VKGUY) scheme - Reg Reference is invited to para 3.8.6 of the Foreign Trade Policy (FTP) wherein Status Holders have been incentivized with duty credit scrips equal to 10% of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n No 41/2005-Cus would cover imports under para 3.8.2 and para 3.8.6 of FTP. 3. It may be mentioned that in terms of provisions of the FTP, the duty credit scrips under para 3.8.2 are issued to all exporters against the export of notified items. These scrips can be used for the import of inputs or goods including capital goods which are freely importable. Further, the scrips are freely transferr....