3.10.6
- Document type
- Procedure
- Reference no.
- O
- Dated
FOCUS PRODUCT SCHEME (FPS)
3.10.6
FOCUS PRODUCT SCHEME (FPS)
SHIS can be used for payment of applicable duties on import of Capital Goods (as defined in FTP) relating to the sectors specified in Para 3.16.4 of FTP and para 3.10.8 of HBPv1. SHIS can also be used for payment of excise duty on domestically procured Capital Goods. The Scrip / the goods so imported shall be with Actual User Condition except as provided in para 3.16.3 of FTP. Imports / domestic procurement of Capital Goods shall relate to any of the sectors listed in Para 3.16.4 of FTP and para 3.10.8 of HBPv1, without any sector wise value limitation; even by the listed supporting manufacturers.