Issuance of SHIS scrip

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....ssuance of SHIS scrip<br> Query (Issue) Started By: - Pritesh Shah Dated:- 29-8-2012 Last Reply Date:- 3-9-2012 Customs - Exim - SEZ<br>Got 4 Replies<br>Customs<br>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....

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.... 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 Reply By Pradeep Khatri: The Reply: According to para 3.16.1 b of the FTP 2009-2014, Status Holders of sector specified in para 3.16.4, shall be entitled to a Duty credit scrip @1% of FOB Value of exports made during 2009-10, 2010-11, 2011-12 and 201....

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....2-13. Reply By Pritesh Shah: The Reply: Dear Sir, Thanks for your suggestion. I got your point sir but Para 3.10.3 FTPv1 the last date of filing SHIS application shall be 31st March 2011/2012/2013/2014 for exports made during 2009-10/2010-11/2011-12 and 2012-13 respectively. In this context can we apply SHIS scrip for the year 2009-10/2010-11 with late cut provision stated in para 9.3 FTP v1 ....

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.... Also confirm us that we shall filed SHIS scrip applicaiton port-wirse or jointly (EDI and Non-EDI). Thanking you. Reply By Pradeep Khatri: The Reply: Kindly check para 3.11.3 and 3.11.4 of the HBP Vol-1 in this regard. Furhter, provision as mentioned in 9.3 HBP Vol-1 may be opted out. Reply By Joby Raphel: The Reply: U will be eligible for Status holders incentive script, if u were a status....

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.... holder during that particular period 2009-10, 2010-11. As u got the staus on 16.07.2012, which may be valid for the period 01.04.2012 to next five years and hence will be eligible only for 2012-13 SHIS script regards joby<br> Discussion Forum - Knowledge Sharing ....