Status holder incentive scrip
This query is : Resolved
10 November 2012
Can anyone explain me as for duty payment of rawmaterial, components and also capital goods can avail the benefit of SHIS?
Thanks in advance
Daivashala
Thanks in advance
Daivashala
12 November 2012
STATUS HOLDER INCENTIVE SCRIP ( SHIS0 IS AN EXPORT INCENTIVE GIVE TO THE EXPORTER WHEREIN DGFT ISSUE A LICENCE. THIS LICENSE CAN BE UTILISISED FOR CUSTOMS DUTY PAYMENT OF CAPITAL GOODS ONLY, YOU CANNOT IMPORT RAW MATERIALS. YOU CAN EVEN TRANSFER THE SAME TO GROUP COMPANIES/ OR TRANSFER TO ANOTHER STATUS HOLDERS
10 December 2012
Thank you sir for your clarification..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Import license renewal
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
