Freely Transferable ‘Supplementary' Duty Credit Scrip – DGFT Clarifications
In case, an exporter has already claimed the benefits of freely transferable duty credit scrip for a shipping bill under one of the schemes of Chapter 3 (say FMS/FPS), the same shipping bill cannot be used for filing the claim under any other scheme like VKGUY/FPS (which may have a higher rate of entitlement).
In some cases additional benefit @2.5% is granted under VKGUY Scheme for exports made w.e.f. 1.4.2008, and some exporters may have already claimed the benefits under VKGUY at the standard rate of 5% or 3.5% (as applicable). Similarly, the rate of entitlement has been enhanced for some categories under FPS. In such cases, supplementary claim under VKGUY is entitled and the exporters may file requests quoting the related file numbers and the due-drawn differential statement to RA concerned, along with application fee that may be applicable on entitlement differential due to exporter.
RA concerned is directed to accept such scheme-wise requests and grant supplementary scrip manually, in the same format and annex the due drawn differential statement along with, without insisting on original scrip to be given for enhancement. These claims, although consolidated for several files of a scheme, RA should process the same in the related main files and issue a consolidated supplementary scrip, which will ensure that the record is in all the original claim main files.
In some cases, entitlement as due, may not be claimed fully by the exporter due to software not being updated, or the entitlement as claimed by the exporter might have been reduced by RA (or sometimes by Customs, although Customs should refer back the matter to RA concerned rather than reducing the entitlement themselves) for some reason, but in appeal or by clarification from Policy division of Headquarters, the original claim has been either restored or enhanced from the value that was granted by RA; in such cases, a supplementary scrip will be issued manually by RA concerned.
DGFT Policy Circular No. 71(RE-08)/2004-2009 Dated: March 18, 2009