Verification of genuineness, of duty credit scrips issued under Chapter 3 of FTP, before registration.
X X X X Extracts X X X X
X X X X Extracts X X X X
....nbsp; 5^th July,2012 To All Chief Commissioners of Customs All Chief Commissioners of Customs & Central Excise/ Central Excise All Director Generals under CBEC, All Commissioners of Customs, Customs (Preventive) All Commissioners of Customs & Central Excise/ Central Excise Madam/Sir, Sub: Verification of genuineness, of duty credit scrips issued un....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rocedure will be reviewed once online transmission of the duty credit scrips issued under Chapter 3 of FTP is operationalized". 2. The Annual Supplement 2012-13 (FTP for 2009-14) issued on 5^th June 2012 has not retained the provision ("before registration, authorities shall verify genuineness of duty credit scrips, from RA concerned, until EDI system of message exchange is put in place")....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ritten confirmation is received. 4. Since, EDI system of message exchange has not been put in place and online transmission of duly validated duty credit scrips is not operational, it has been decided that even while the words and figures "in terms of Para 3.11.3 of the HBP v.1" shall stand deleted from first sentence of para 2(e) of Circular No.5....
TaxTMI