Transferability of Duty Credit Scrips Denied Despite No Restriction in Paragraphs 3.12.7 and 9.28 for Group Companies.

Rejection of request for transferability of Duty Credit scrips under the Served From India Scheme - neither the provision in para 3.12.7 nor definition in para 9.28 seeks to restrict transfer of Duty Credit Scrip from a group company to another company based on holding capacity - HC .....

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