Status holder incentive scrip
This query is : Resolved
Daivashala Pawar
(Querist)
10 November 2012
Can anyone explain me as for duty payment of rawmaterial, components and also capital goods can avail the benefit of SHIS?
Thanks in advance
Daivashala
Thanks in advance
Daivashala
Rama Krishnan
(Expert)
12 November 2012
STATUS HOLDER INCENTIVE SCRIP ( SHIS0 IS AN EXPORT INCENTIVE GIVE TO THE EXPORTER WHEREIN DGFT ISSUE A LICENCE. THIS LICENSE CAN BE UTILISISED FOR CUSTOMS DUTY PAYMENT OF CAPITAL GOODS ONLY, YOU CANNOT IMPORT RAW MATERIALS. YOU CAN EVEN TRANSFER THE SAME TO GROUP COMPANIES/ OR TRANSFER TO ANOTHER STATUS HOLDERS
Daivashala Pawar
(Querist)
10 December 2012
Thank you sir for your clarification..
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