3.18

SERVED FROM INDIA SCHEME (SFIS)

(a) Policy for SFIS is given in Chapter 3 of FTP.

(b) For FX earned during 2007-08 a single consolidated application for Duty Credit Scrip shall be filed with jurisdictional RA in ANF 3B along with documents prescribed therein. For FX earned during current financial year 2008-09, application for Duty Credit Scrip shall be filed on monthly/quarterly/half-yearly/ annual basis, at the option of the applicant to be exercised along with first application for the current financial year, with jurisdictional RA in ANF 3H along with documents prescribed therein, for which the last date for filing application on time shall be 12 months from the end of relevant monthly/quarterly/half--yearly/annual basis period or 31st March 2009 whichever is later.

(Above (b) has been replaced by PN. No. 86/2008, DT. 23/09/2008)

[OLD-
(b) A single consolidated application for Duty Credit scrip shall be filed with jurisdictional RA in ANF 3B along with documents prescribed therein. ]

(c) to (f) Deleted

(g) Service provider shall within one month of completion of imports made or expiry of validity of Duty Credit scrip whichever is earlier, submit a statement of imports made under it to jurisdictional RA with a copy to jurisdictional Excise authorities (service tax cell) wherever applicable.

(h) & (i) Deleted