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Issuance of SHIS scrip

Pritesh Shah

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  

Eligibility for Status Holders Incentive Scrip (SHIS) 2009-2011 depends on Star Export House status timing per FTP/HBP. A discussion on a forum involves a query about the eligibility for the Status Holders Incentive Scrip (SHIS) for the years 2009-2011. The inquirer, recently granted Star Export House status, seeks clarification on applying for SHIS scrips with a value cut and whether applications must be filed port-wise. Responses clarify that eligibility for SHIS scrips is based on the status holder's period and the relevant provisions in the Foreign Trade Policy (FTP) and Handbook of Procedures (HBP). It is noted that the inquirer is eligible for SHIS starting from 2012-13 due to the timing of their status grant. (AI Summary)
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