https://www.taxtmi.com/forum/issue?id=109109 The SHIS licence is a DGFT scrip usable for payment of duty on domestic sourcing of capital goods and spares (spares allocation 10% of licence value) and for import duty components (CVD and SAD). Where duty has been discharged under such a licence pursuant to the controlling notification, the recipient is entitled to avail CENVAT credit in respect of the duty debited under the licence. en-us Thu, 03 Sep 2015 13:59:53 +0530 Thu, 23 Jan 2025 15:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109109 The SHIS licence is a DGFT scrip usable for payment of duty on domestic sourcing of capital goods and spares (spares allocation 10% of licence value) and for import duty components (CVD and SAD). Where duty has been discharged under such a licence pursuant to the controlling notification, the recipient is entitled to avail CENVAT credit in respect of the duty debited under the licence. Discussion-Forum Central Excise Thu, 03 Sep 2015 13:59:53 +0530 https://www.taxtmi.com/forum/issue?id=109109