EXEMPTION IN SPECIAL HOLDER SCHEME(SHIS), Central Excise

[RAM NAUDIYAL]

DEAR EXPERTS,

CAN WE UTILISED SHIS BENEFIT IN DOMESTIC MARKET FOR PURCHASE OF CAPITAL GOODS WITHOUT PAYMENT OF DUTY? IF YES THEN WHAT WILL BE THE PROCEDURE AND LEGAL FOMALATY IN EXCISE DEPARTMENT.

THANKS

Posts / Replies

[Pradeep Khatri]

Notification No. 33 / 2012 - Central Excise

 

 

[RAM NAUDIYAL]

DEAR EXPETS,

IT IS NOT CLEARED THAT CAN WE PURCHASE CAPITAL GOODS FROM DOMESTIC MANUFACTURER PAYMENT OF EXCISE DUTY THROUGH UTILISATION OF SHIS LICENCE. PL CLERIFY AND EXPLAIN.

THANKS 

[Pradeep Khatri]

It seems that you have not gone through the appended notification carefully. 

[RAM NAUDIYAL]

SIR,

WHAT WILL BE THE PROCEDURE OF REMOVE CAPITAL GOODS WITHOUT PAYMENT OF DUTY AGAINST SHIS AND RECEIVE CAPITAL GOODS AGAINST SHIS FROM LOCAL MARKET.

THANKS