Issuance of SHIS scrip

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..... Dear Expert, The office of the Joint Director General of Foreign Trade has been granted us Star Export house status on 16.07.2012, I have some doubt in below matter. Can we avail SHIS scrip for the year 2009-10 / 2010-11 with value cut (as per para 3.10.3 of HBPv1 last date of application is 31.03.2011 / 31.03.2012) ? Application has to be filed port-wise ? Thanking you - Reply By .....

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..... Pradeep Khatri - The Reply = According to para 3.16.1 b of the FTP 2009-2014 , Status Holders of sector specified in para 3.16.4, shall be entitled to a Duty credit scrip @1% of FOB Value of exports made during 2009-10, 2010-11, 2011-12 and 2012-13. - Reply By Pritesh Shah - The Reply = Dear Sir, Thanks for your suggestion. I got your point sir but Para 3.10.3 FTPv1 the last date of f .....

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..... iling SHIS application shall be 31st March 2011/2012/2013/2014 for exports made during 2009-10/2010-11/2011-12 and 2012-13 respectively. In this context can we apply SHIS scrip for the year 2009-10/2010-11 with late cut provision stated in para 9.3 FTP v1 Also confirm us that we shall filed SHIS scrip applicaiton port-wirse or jointly (EDI and Non-EDI). Thanking you. - Reply By Pradeep Khat .....

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..... ri - The Reply = Kindly check para 3.11.3 and 3.11.4 of the HBP Vol-1 in this regard. Furhter, provision as mentioned in 9.3 HBP Vol-1 may be opted out. - Reply By Joby Raphel - The Reply = U will be eligible for Status holders incentive script, if u were a status holder during that particular period 2009-10, 2010-11. As u got the staus on 16.07.2012, which may be valid for the period 01.04. .....

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..... 2012 to next five years and hence will be eligible only for 2012-13 SHIS script regards joby - Issuance of SHIS scrip - Query Started By: - Pritesh Shah Dated:- 29-8-2012 Customs - Import - Export - Customs - SEZ - Got 4 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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..... agementindia.com - TMI - TaxTMI - TMITax .....

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