Status Holder Incentive Scheme- Export Product

[MAHENDRA SINGH RAJPUROHIT]

Which Export Product  we can be considere for computation of entitlement under  Status Holder Incentive Scheme ?

All types of Physical Export we can con computation of entitlement under Status Holder Incentive Scheme ?

[YAGAY and SUN]

Please check the para 3.16 of the FTP in this regard.

[Guest]

As per FTP Para 3.17.2  the following exports/categories/sectors shall be ineligible for SHIS Duty Credit Scrip entitlement.

 

(i) EOUs / EHTPs / BTPs who are availing direct tax benefits / exemption

(ii) Export of imported goods covered under Para 2 .35 of FTP;

(iii)  Exports through transshipment, meaning thereby that exports originating in third country but transshipped through India

(iv) Deemed Exports

(v) Exports made by SEZ units or SEZ Products exported through DTA Units; and

(vi) Items, which are restricted or prohibited for export under Schedule -2 of Export Policy  in ITC (HS).

 

AI Summary

Status Holder Incentive Scheme eligibility excludes specific export categories, such as EOUs, transshipments, SEZ and deemed exports. Consult FTP paragraph 3.16 for computation; FTP paragraph 3.17.2 deems the following ineligible for Status Holder Incentive Scheme duty credit scrip entitlement: EOUs/EHTPs/BTPs availing direct tax benefits, export of imported goods covered by FTP, transshipment-origin exports, deemed exports, SEZ unit exports or SEZ products exported through DTA units, and items restricted or prohibited under the Export Policy Schedule in the ITC (HS).