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Prevention of use of non-genuine transferable duty credit scrips or DFIA (duty free import authorizations)

Customs - 12/2016 - Dated:- 28-3-2016 - CIRCULAR NO 12/2016-CUS F.No.605/67/2015-DBK GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS New Delhi 28th March 2016 To Principal Chief Commissioners/Principal Directors General Chief Commissioners/Director Generals Principal Commissioners Commissioners, all under CBEC Subject: Instances of unscrupulous persons being able to put to use non-genuine transferable duty credit scrips or duty free import author .....

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ccount the status of, and developments in, the mechanism of issuing scrips, the respective notifications issued governing usage of such scrips and authorizations, common prudence and balance between trade facilitation and enforcement. Pre-registration stage 2. The issuing authority specifies a port/Custom House where the freely transferable varieties of reward duty credit scrips (other than related to SEZ) or duty remission duty credit scrips under post export EPCG scheme or DFIA (duty free impo .....

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y received online through electronic transmission from DGFT. 4. Where export of goods under specific shipping bills/bills of export (not filed electronically in Customs EDI) shown in annexure/condition sheet of the reward duty credit scrip is involved, the backing shipping bills need to be verified for genuineness. However, if the shipping bills were filed electronically in Customs EDI but scrip was not received simultaneously online through electronic transmission from DGFT, such verification o .....

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rtain situations pertaining to reward scrips the Custom Houses are not required to verify genuineness of the scrip and/or its backing shipping bills (if any). Such situations require only check of absence of alert before registration. Registration, in such cases, should be ensured within 3 hours of presentation of reward scrip. In other cases of registration of reward scrips, a norm of registration within one day, excluding time taken if any at end of the Issuing Authority, should be adopted by .....

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direct overseas exports made by SEZ units for which release advice may be received by the field formation. While the Systems Directorate shall examine the feasibility of integrating such scrips/release advice in Customs EDI, meanwhile, prior verification of genuineness (from issuing authority) of such physical release advice should continue to be done. 6. Verifications beyond that prescribed in the above paragraphs in relation to reward duty credit scrips leading to non-acceptance and/or underta .....

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