TMI BlogUtilization of Vishesh Krishi and Gram Udyog Yojana (VKGUY) scrips (Erstwhile Vishesh Krishi Upaj Yojana (VKUY) scrips).X X X X Extracts X X X X X X X X Extracts X X X X ..... ana (VKGUY) scrips (Erstwhile Vishesh Krishi Upaj Yojana (VKUY) scrips). Attention is invited to Para 3.8 of the Foreign Trade Policy 2004-2009. 2. It has been reported that some customs authorities are not permitting utilization of the scrips issued under VKGUY scheme ( erstwhile VKUY Scheme ) for purpose of imports even of goods/items that are freely importable under the ITC (HS) B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pital goods was announced, which means that import of capital goods was not allowed for duty credit scrips earned for export during this period . c) For VKUY Duty Credit Scrips issued for exports made during 2005-06, Policy FTP (RE2005) applies. Accordingly Para 3.8.3, read with Para 3.8.3.1 would determine the items permitted for imports under the scheme. The negative list of imports for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... except for a few items listed in Appendix 37B of the Handbook of Procedures Vol. I, are allowed. Further all freely importable capital goods are also allowed, except a few capital goods. This was done by amending Appendix 37B vide Public Notice No 61(RE2007)/2004-09 dated 5.10.2006. e) VKGUY Duty Credit Scrips issued for exports made during 2008-09 can be used for imports, as governed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d in Appendix 37B of the Handbook of Procedures Vol. I . There has been no change in permitted items of imports during 2006-09 export periods. This issues with the approval of Director General of Foreign Trade. Sd/- (A K Arora) Dy. Director General of Foreign Trade (Issued from F. No. 01/94/180/162/772/AM06/PC-I) - Circular - Trade Notice - Public Notice - Instructions - Offic ..... X X X X Extracts X X X X X X X X Extracts X X X X
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