3.6
- Document type
- Procedure
- Reference no.
- O
- Dated
SERVED FROM INDIA SCHEME (SFIS)
3.6
SERVED FROM INDIA SCHEME (SFIS)
(a) Policy for SFIS is given in Chapter 3 of FTP.
(b) For foreign exchange earned during current financial year, 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 3B along with documents prescribed therein, for which the last date for filing application on time shall be 12 months from the end of relevant month / quarter / half-year /year periodicity.
(c) 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.