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

Customs - 49/2016-Cus. - Dated:- 27-10-2016 - Circular No. 49/2016-Cus. F. No. 605/17/2013-DBK Government of India Ministry of Finance, Department of Revenue Drawback Division New Delhi, 27th October, 2016 To Principal Chief Commissioners / Chief Commissioners 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 transfer .....

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tion nos. 92/2004-Cus and 91/2009-Cus or 34/2006-CE. The Board has also consulted with the DGFT. It is clarified that - (a) The goods imported/procured utilizing SFIS Scrip issued in terms of FTP 2009-14 may be sold/transferred on completion of 3 years from the date of clearance of import/ procurement in terms of the Department of Commerce notification no. 30 dated 1.8.2013. (b) In the light of the Hon ble High Court s order and absence of specific amendment by Dept. of Commerce to the FTP 2004- .....

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