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Transferability of goods imported I procured by debiting duty in SFIS scrips

ROAD. BHOPAL F. No. (16)50/Tech/CCO/BZ/2016/9998 Dated 07.11.2016 PUBLIC NOTICE No. 02/2016 Subject: - reg. Attention of the Customs, Central Excise & Service Tax Assesses, Importers, Exporters, Manufacturers, Service Providers and other members of Industry and Trade in the State of Madhya Pradesh & Chattisgarh is invited to CBECs Circular No. 49/2016 - Cus regarding transferability of goo .....

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ds 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 01.08.2013. 3.2. In the light of Hon'ble High Court's order and absence of specific amendment by Dept. of Commerce to the FTP 2004 - 09, requests for .....

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ception to (a) and (b) above. 4. DGFT would also consider, on merits under para 2.5 of FTP 2004-09/2009-14 requests for export sale of goods any time after import/procurement. subject to such export being without claim for any export incentive, rebate, refund, drawback and / or re-credit of incentive and the bringing back into India being treated as fresh import. 5. Hindi version follows. (Authori .....

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