Transferability of Duty Credit Scrips Denied Despite No Restriction in Paragraphs 3.12.7 and 9.28 for Group Companies.

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....Rejection of request for transferability of Duty Credit scrips under the Served From India Scheme - neither the provision in para 3.12.7 nor definition in para 9.28 seeks to restrict transfer of Duty Credit Scrip from a group company to another company based on holding capacity - HC....