TaxTMI 
TaxTMI 
second hand material import under SHIS
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....econd hand material import under SHIS<br> Query (Issue) Started By: - MUKUND THAKKAR Dated:- 14-10-2014 Last Reply Date:- 14-10-2014 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Dear Experts, My cl....
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....ient is obtain Status holder incentive scrip against their export performance. he is importing the capital goods (second hand) . now custom is asking to get the clarification from DGFT that second han....
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....d capital goods are allowed to import under the SHIS. in fact not anywhere is mention in FTP that SHIS holder not allow to import second hand capital goods. please if anybody have any written support....
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....ing in this regards, so my client get relief against unwanted problem. Regards. Reply By Naveed S: The Reply: Dear Mukundji, The stand taken by the Customs authorities is based on the fact that re....
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....cently Director General of Foreign Trade has written a letter to a party regarding import of second hand machinery under Status Holder Incentives Scheme (SHIS). The contention of DGFT is that, as the....
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.... objectives of the SHIS scheme is upgradation of technology, therefore second-hand capital goods cannot be allowed under SHIS scheme.<br> Discussion Forum - Knowledge Sharing ....