TaxTMI 
TaxTMI 
Prevention of use of non-genuine transferable duty credit scrips or DFIA (duty free import authorizations)
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.... (purported to relate to chapters 3/5 or 4, respectively, of the respective Foreign Trade Policy) have been noticed in the field formations. Accordingly, the Board has decided to sensitize field formations on the issue. This is based on the extant instructions contained broadly in Board's Circulars 25/2003-Cus, 5/2010-Cus, 17/2012-Cus and 14/2015-Cus related to duty credit scrips, the Circulars 16/2006-Cus (read with 33/2000-Cus & 59/2000-Cus) related to DFIA, while taking into account the status of, and developments in, the mechanism of issuing scrips, the respective notifications issued governing usage of such scrips and authorizations, common prudence and balance between trade facilitation and enforcement. Pre-registration stage 2.....
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....documents from exporter. The Custom Houses need not verify genuineness of shipping bills when the reward scrip has been simultaneously received online through electronic transmission from DGFT. 4A. It may be seen from the foregoing that in certain situations pertaining to reward scrips the Custom Houses are not required to verify genuineness of the scrip and/or its backing shipping bills (if any). Such situations require only check of absence of alert before registration. Registration, in such cases, should be ensured within 3 hours of presentation of reward scrip. In other cases of registration of reward scrips, a norm of registration within one day, excluding time taken if any at end of the Issuing Authority, should be adopted by Custom ....
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....ification are to be conducted before registration. For transferable DFIA, prior to registration, it is to be verified that the details of exports given along with the DFIA matches the record of exports and is genuine. For both, the discrepancy, if any, found needs to be first referred to Regional Authority of DGFT. 8. In registering duty credit scrip or DFIA which is not simultaneously received online through electronic transmission from DGFT, care should continue to be exercised that correct particulars are entered in the Customs EDI system so that there is no room for mismatch of details. Clearance stage 9. The respective notifications issued under Customs Act 1962, inter alia, prescribe that the scrip/authorization shall be presented ....