Amendment in Hand Book of Procedure Vol.I - Addition of Para 3.10.2, 3.10.3, 3.10.4, 3.10.5, 3.10.6 and Para 3.10.7 after Para 3.10.1 in the Handbook of Procedure Vol.I - reg
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Status Holders Incentive Scrip: procedural filing, entitlement rules, and use for capital goods imports under Actual User conditions.
New HBP Vol. I provisions govern the Status Holders Incentive Scrip (SHIS): applications for 2009-10 and 2010-11 exports must be filed in ANF3E to the jurisdictional RA by prescribed deadlines, with CA certification and supporting export documentation. SHIS entitlement and use are clarified: shipments remain eligible where VKGUY/FMS/FPS benefits are claimed and foreign exchange realisation is in the Status Holder's name; merchant Status Holders may list supporting manufacturers as co-licensees; SHIS scrip is usable for import duty payment on Capital Goods for specified sectors under Actual User conditions.