Transferability of goods imported/procured by debiting duty in SFIS scrips

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....debiting duty in SFIS scrips -Reg. Attention of all Importers, Exporters, Customs Brokers and members of Trade is invited to the CBECs Circular No. 49/2016-Customs dated 27.10.2016, on the above cited subject. 2. The transferability of goods imported/ procured by debiting duty in SFIS scrips was considered by the Board in the context of reconciling the Department of Commerce Notification No.....

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....sence of specific amendment by Dept. of Commerce to the FTP 2004-09, requests for sale/transfer of goods imported/ procured utilizing SFIS scrip issued in terms of FTP 2004-09 shall be considered by DGFT in terms of para 2.5 of FTP 2004- 09 on merits keeping in view the spirit of the Hon'ble High Court's order to the effect that transferability of goods that have completed 3 years is not d....