Transferability of goods imported/procured by debiting duty in SFIS scrips– reg.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Principal Directors General / Directors General Principal Commissioners / Commissioners (All under CBEC) Sub: Transferability of goods imported/procured by debiting duty in SFIS scrips reg. The undersigned is directed to say that transferability of goods imported/procured by debiting duty in SFIS scrips was considered by the Board in the context of reconciling the Department of Comm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r and absence of specific amendment by Dept. of Commerce to the FTP 2004-09 , requests for sale/transfer of goods imported/procured utilizing SFIS scrip issued in terms of FTP 2004-09 shall be considered by DGFT in terms of para 2.5 of FTP 2004-09 on merits keeping in view the spirit of the Hon ble High Court s order to the effect that transferability of goods that have completed 3 years is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and the bringing back into India being treated as a fresh import. 3. Suitable public notice should be issued for guidance of trade. Yours faithfully, (Sukhbir Singh Ahuja) OSD(DBK) Tel: 23341480 - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X