Importability of Restricted Goods under the Served from India Scheme (SFIS) and other Schemes under Chapter 3 of the Foreign Trade Policy (FTP)

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..... /100/2007-DBK Government of India Ministry of Finance Department of Revenue ---------- New Delhi , the 24 th January, 2008 . To All Chief Commissioners of Customs, All Chief Commissioners of Customs Central Excise. All Commissioners of Customs/Customs(Prev.)/Customs Central Excise/Central .....

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..... nder other reward schemes also. 2. The matter has been examined by the Board. In terms of Para 3.6.4.5 of the Foreign Trade Policy (FTP) the duty credit earned under SFIS may be used for import of items mentioned therein provided they are freely importable under ITC(HS) Classification of Export and Import Items. Similar provisions are there in the FTP under the Target Plus Scheme ( Para 3 .....

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..... t are not allowed clearance under the schemes. 4. A suitable Public Notice and Standing Order may be issued for the guidance of the trade and staff. Difficulties faced, if any, in implementation of the Circular may be brought to the notice of the Board at an early date. 5. Receipt of the Circular may kindly be acknowledged. Yours faithfully, (P.V.K. RAJA SEKHAR) O.S.D. ( .....

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