20 September 2013
Dear Sir, We are having SFIS Script for our Distribution services ( Agent & Retailing ). We don't have manufacturing activity. Unable to use for capital goods import. we are having script for Rs.10 Lac's. How we can utilize?
20 September 2013
Utilization: ************** Duty Credit may be used for import of any capital goods including spares, office equipment and professional equipment, office furniture and consumables. Furthermore, hotels can import consumables such as food items and alcoholic beverages in addition to capital goods. This import can relate to any service sector business of applicant. Entitlement / goods (imported / procured) are transferable only within company group and managed hotels.
Payment of Excise Duty: ************************ Additionally, this Duty Credit Scrip can also be utilized for payment of excise duty for procurement of items, permitted by Department of Revenue (DoR), from domestic sources.
ALSO Noted refer to PARA 3.12.6(a) of foreign trade policy 2009-2014
"duty credit scrip may be used for import of any capital goods including spares, office equipment,and professional equipment ,office furniture and consumables that are otherwise freely importable and restricted under ITC HS . imports shall relate to any service sector business of applicant.
20 September 2013
सर आप ही इम्पोर्ट करने के लिए अधिकृत है. श्रीमान जी आप स्वयं भी कन्फूज है और मुझे भी कर रहे है जब विदेश व्यापर पालिसी कह रही है आप इम्पोर्ट के लिए अधिकृत है फिर भी बार बार एक ही बात पुछ रहे है.
only you are authorised by DGFT for import against this licence .
sir, it seems that you are confuse ,when the FTP also describing the condition why are you asking same query again and again???
CAclubindia
