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Guidelines for issuance of Freely Transferable 'Supplementary' Duty Credit Scrip under Chapter 3 Schemes.

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..... w Delhi - 110 011. Policy Circular No. 71(RE-08)/2004-2009 Dated: 18th March, 2009 To All Licensing Authorities; All Exporting Community; Sub: Guidelines for issuance of Freely Transferable 'Supplementary' Duty Credit Scrip under Chapter 3 Schemes. Attention is invited to Para 3.12.6 of FTP . In case, an exporter has already claimed the benefits of freely transferable d .....

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..... arly, the rate of entitlement has been enhanced for some categories under FPS. In such cases, supplementary claim under VKGUY is entitled and the exporters may file requests quoting the related file numbers and the due-drawn differential statement as per Annexure A of this Policy Circular to RA concerned, along with application fee that may be applicable on entitlement differential due to exporter .....

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..... above shall be followed. 4. In some cases, entitlement as due, may not be claimed fully by the exporter due to software not being updated, or the entitlement as claimed by the exporter might have been reduced by RA (or sometimes by Customs, although Customs should refer back the matter to RA concerned rather than reducing the entitlement themselves) for some reason, but in appeal or by clarific .....

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..... t Reason / Reference Public Notice / Notification / Policy Circular / Clarification / Software issue / Appeal Order. ( Drawn )Scrip value - issued (in Rupees) ( Due ) Scrip value entitled (in Rupees) Difference (in Rupees) (1) (2) (3) (4) (5) (6) (7) (8) = (7) - (6) 1 .....

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