Status Holder Incentive Scheme - SHIS

[SNEHAL SHAH]

Dear sir,

After declare New Exim policy 2015-16 , Can we eligible / continue benefit of above scheme .

Please suggest .

Thanks and Regards,

SNEHAL SHAH

[YAGAY andSUN]

Dear Snehal,

There is no mention of SHIS in the New Exim Policy 2015-16. Hence, no benefit cultivated in the new policy.

Regards

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

[MUKUND THAKKAR]

Benefit of SHIS is discontinue from 13-14. no benefit in the new policy.

AI Summary

Status Holder Incentive Scheme discontinued; no entitlement or benefits under the New Exim Policy 2015-16 or subsequent policy. The Status Holder Incentive Scheme (SHIS) is not included in the New Exim Policy 2015-16 and thus yields no benefit under that policy. Advisory responses confirm that SHIS benefits were discontinued from the earlier policy period and that practitioners and consultants have advised there is no continuation or revival of SHIS entitlements in the current trade policy framework.