Fake Duty Credit Scrips - CBEC cautions field
INSTANCES of unscrupulous persons being able to put to use non-genuine transferable duty credit scrips or duty free import authorizations have been noticed in the field formations. Accordingly, the Board has decided to sensitize field formations on the issue. Board wants a balance between common prudence and trade facilitation and enforcement.
++ Field formations are to verify the genuineness, of the duty credit scrips/DFIA, from the issuing authority, through fast and reliable means. This verification is not to be done by Custom Houses when scrip/DFIA is simultaneously received online through electronic transmission from DGFT.
++ Where export of goods under specific shipping bills/bills of export (not filed electronically in Customs EDI) shown in annexure/condition sheet of the reward duty credit scrip is involved, the backing shipping bills need to be verified for genuineness.
++ In certain situations pertaining to reward scrips the Custom Houses are not required to verify genuineness of the scrip and/or its backing shipping bills (if any). Such situations require only check of absence of alert before registration. Registration, in such cases, should be ensured within 3 hours of presentation of reward scrip. In other cases of registration of reward scrips, a norm of registration within one day, excluding time taken if any at end of the Issuing Authority, should be adopted by Custom Houses.
++ For transferable DFIA, prior to registration, it is to be verified that the details of exports given along with the DFIA matches the record of exports and is genuine. For both, the discrepancy, if any, found needs to be first referred to Regional Authority of DGFT.
++ In registering duty credit scrip or DFIA which is not simultaneously received online through electronic transmission from DGFT, care should continue to be exercised that correct particulars are entered in the Customs EDI system so that there is no room for mismatch of details.
++ The respective notifications issued under Customs Act 1962, inter alia, prescribe that the scrip/authorization shall be presented before the proper officer of customs at the time of clearance for debit. This is, inter alia, for preventing non-genuine usage, for example, arising from difference between scrip/DFIA particulars vis a vis particulars shown on bill of entry, or from scrip of one scheme getting used for clearance under another scheme, etc. The absence of dematerialized system for recording issuance and transfer of scrips/DFIA issued by DGFT also necessitates presentation of the scrip for ensuring that use is by a genuine transferee holder-importer.
If your scrip is still not genuine, it is as good as good as holding a fake currency note.
CBEC Circular No. 12/2016., Dated March 28 2016