Exemption in special holder scheme(shis)

This query is : Resolved

reshma (Querist)
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12 September 2014 Dear Expert,
Pls advice, one of our customer is utilizing SHIS scheme, what will be the procedure & legal formality while clearing material under SHIS scheme.

It's URGENT.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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12 September 2014 Status Holders shall be entitled to incentive scrip the rate of 1% of FOB value of exports. This will be done with an objective to promote investment in upgradation of technology of some specific sectors.

reshma

reshma (Querist)
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12 September 2014 Mr. Singh,

Tnks for your reply but I want to know what procedure have to be done, while clearing material to SHIS unit.

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