TIOL-DDT 1337 · Tuesday, 13 April 2010 · story 8 of 10

Listing of Supporting Manufacturer for SHIS – DGFT Notifies Procedure

PARA 3.16 of the FTP deals with Status Holder Incentive Scrip and Public Notice No. 54/2009-14 dated 8.4.2010 notified the procedure and the application form ANF3E for filing the claims under SHIS scheme. For operationalising the scheme, the following procedures are notified by DGFT to be implemented at the field level:

1. Till such time the EDI software is developed, tested and operationalised, RA shall accept the applications manually, process the claims and issue SHIS duty credit scrip manually. The Scrip shall have the same format as other duty credit scrips.

2. The following endorsement shall be made on the SHIS scrip by RA concerned at the time of issuance of SHIS duty credit scrip:

i. Actual User Condition in terms of Para 3.16.3 of the FTP 2009-14.

ii. Imports Allowed: This Duty Credit Scrip issued under SHIS may be utilized for payment of applicable Customs Duties for imports of capital goods (as defined in FTP) relating to the sectors specified in this scrip. However, for import of any ‘restricted item' under ITC HS Book, the utilization of this scrip is allowed only if the beneficiary/holder has a separate license/permission for import of the said ‘restricted item' in question.

3. On the SHIS Scrip, the name of the sector in which export is ‘NIL' should not be endorsed. Only those export sectors in which the applicant has exports (out of the eligible sectors mentioned in Para 3.16.4 of FTP) should be endorsed on the SHIS Duty Credit Scrip.

4. In cases where the applicant chooses to list the supporting manufacturer, a list of supporting manufacturer(s) may be provided to RA concerned at the time of filing the application as per the format given in Annexure I to this policy circular, based on exports made till the date of filing SHIS application along with the export documents to establish the same. RA shall endorse the Name(s) of the supporting manufacturer(s) as Co-Licensee on the SHIS Duty Credit Scrip.

Policy Circular No. Dated: April 12, 2010

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