DGFT issues Trade Notice for re-operationalisation of Scrip Transfer Module
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- Last Updated on 13 April, 2022
Trade Notice 01/2022-23 dated April 11th, 2022
Earlier, the online scrip transfer recording module was suspended after certain informations from exporters that fraudulent scrip transfers have taken place. Now after discussion with Department of revenue and in interest of trade facilitation, the DGFT has issued trade notice for re-operationalisation of Scrip Transfer Module. The module has been reintroduced with additional features such as introduction of time-lag for scrip transfer from original scrip owner to next transferee or from one entity to another, SMS or email on specific trigger points to IEC holder etc.
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