The Schemes under Status Holder Schemes



What is the Objective of Status Holder Incentive Scrip(SHIS)?

Status Holders shall be entitled to incentive scrip the rate of 1% of FOB value of exports made during 2009-10,2010-11 and during 201-12. This will be done with an objective to promote investment in upgradation of technology of some specific sectors.

Those Status Holders who are listed to the additional listed sectors, sall also be eligible for this Status Holders Incentive Scrip on exports made during 2010-11 and 2011-12

This shall be over and above any duty credit scrip claimed/availed under this chapter.

 List of Eligible and inelligible Status Holders of Additional Sectors for SHIS on Exports  made during 2009-11 and 2011-12:

Eligible Exports Categories / Sectors :

Sl Products / Product Groups ITC HS
1 Chemical & Allied Products (other than Bulk minerals, Granite/Stones, Processed minerals, Cement, Clinkers and asbestos)
(i) Rubber products, 4001 to 4010, 4014 to 4017
(ii) Paints, Varnishes & Allied Products 3208, 3209, 3210
(iii) Glass and glassware Chapter 70
(iv) Plywood and allied products Chapter 44
(v) Ceramics / refractories Chapter 69
(vi) Paper, Paper Boards & Paper Products Chapter 48
(vii) Books, Publications & Printings Chapter 49
(viii) Animal By-products (Codes 35030030, , 05069099, 05079010, 05079020, 05079050, 23011010, 23011090, 96062910, and 96063010) Various codes
(ix) Ossein & Gelatine Codes 05061039 and 35030020.
(x) Graphite Products (Codes 3801, 85451100 and 85451900) & Explosives (Codes 3601, 3602 and 3603) Various codes
(xi) Misc. Products (Codes 3201, 32029010, 32030010, 3604, 3605, & 38021000) Various codes
2 Electronics Products
3 Sports Goods and Toys Chapter 95 and Codes 420321, 650610.
4 Engineering products for the three groups indicated below: (i) Iron and Steel (ii) Pipes and tubes (iii) Ferro Alloys Chapter 72

Ineligible Exports Categories / Sectors :

Sl No Description
1 EOUs / EHTPs / BTPs who are availing direct tax benefits or exemption.
2 Export of imported goods covered under para 2.35 of the FTP.
3 Exports through transhipment, meaning thereby that exports originating in third country but transhipped through India.
4 Deemed exports.
5 Exports made by Special Economic Zone units or Special Economic Zone products exported through Domestic Tariff Area units.
6 Export of items, which are restricted or prohibited for export under Schedule-2 of Export Policy in ITC (HS).
7 The exports made by the Status Holders during a particular year, if benefits are availed under Technology Upgradation Fund scheme (TUFS) of Ministry of Textiles in that year.
8 The exports made under the Zero duty EPCG scheme w.e.f 1st April, 2010.

What you can expect from us?

Planetexim helps to identify the benefits available under the suitable schemes.Then we help in making the documentation required, application preparations, representation and coordination with DGFT and its offices till issuance of the Duty Credit Scrip