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

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nsferability of goods imported /procured by debiting duty in SFIS Scrips. Attention of all Importers, Exporters, Customs Brokers and other stakeholders is invited to the Board's Circular No. 49/2016-Customs dated on the above mentioned subject. 2. Transferability of goods imported/ procured by debiting duty in SFIS scrips was considered by the Board in the context Of reconciling the Depa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tion No. 30 dated 1.8.2013. (b) In the light of the Hon'ble High Court's order and absence 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 H....