3.17.4
Free Transferability
(a) Duty Credit Scrip (FPS including MLFPS, FMS and VKGUY) and items imported against it would be freely transferable.
(b) Duty Credit Scrip under SFIS (Para 3.12) shall not be freely transferable.
(c) Status Holder Incentive Scrip shall not be transferable except as permitted under Para 3.16.3 above.