Exemption in special holder scheme(shis)


This query is : Resolved 

(Querist)
12 September 2014 Dear Expert,
Pls advice, one of our customer is utilizing SHIS scheme, what will be the procedure & legal formality while clearing material under SHIS scheme.

It's URGENT.

12 September 2014 Status Holders shall be entitled to incentive scrip the rate of 1% of FOB value of exports. This will be done with an objective to promote investment in upgradation of technology of some specific sectors.

reshma (Querist)
12 September 2014 Mr. Singh,

Tnks for your reply but I want to know what procedure have to be done, while clearing material to SHIS unit.


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