Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Dishonour of Cheque - liability created in favour...     TaxTMI    Conversion (Amendment) of shipping bills -...     TaxTMI    Seeking re-export of goods - Absolute confiscation...     TaxTMI    Addition u/s 69A on the basis of whatsapp messages...     TaxTMI    Limitation for passing a assessment order -...     TaxTMI    Default in not depositing the TDS amount, as...     TaxTMI    Levy of GST - export of services or not - place of...     TaxTMI    Grant of Regular Bail - fraudulent passing of Input...     TaxTMI    Violation of principles of natural justice - While...     TaxTMI    Violation of principles of natural justice -...     TaxTMI    Money Laundering - The petitioner sought exemption...     TaxTMI    Refund with interest - statutory period of 60 days...     TaxTMI    Illegal arrest or not - detention for more than 24...     TaxTMI    Validity of assessment order - The court noted that...     TaxTMI    Levy of GST - Place of supply - Tax imposed on...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Simultaneous availment of Status Holder Incentive Scheme (SHIS) ...

Customs

February 13, 2023

Simultaneous availment of Status Holder Incentive Scheme (SHIS) and 0% Export Promotion Capital Goods (EPCG) Scheme - Surrender of EPCG Scheme in terms of para 5.14 of Hand Book of Procedure (HBP) prior to the issuance of SHIS Scrips - Once an advance licence was issued and not questioned by the licensing authority, the Customs Authorities cannot refuse exemption on an allegation that there was misrepresentation. If there was any misrepresentation, it was for the licensing authority to take steps in that behalf. - HC

View Source

 

← Previous Next →

 

You may also like:

  1. 100% EOU - Seeking the SHIS (Status Holder Incentive Scrip) - status holder is entitled to a Duty Credit Scrip @ 1% of FOB value of exports - the Respondent cannot take...

  2. Clearance of goods under Status Holder Incentive Scheme – titanium sheets are capital goods covered under capital goods definition and same is eligible under SHIS scrip...

  3. Regarding exemption under Status Holder Incentive Scrip (SHIS) scheme. - Notification

  4. Exports from India Schemes - Privileges of Status Holders - Entitlement to export freely exportable items on free of cost basis by Status Holders has been revised.

  5. Benefit under the SHIS Scheme (Status Holder Incentive Scheme) - Import of Turning Cradle and Blade Shell Lifting Device - Goods were considered as not falling within...

  6. Recovery of excess due credit issued from Status Holder Incentive Scrip (SHIS) Scheme - It is contended that once the benefits of the Scheme are utilised, then the...

  7. Taxability of sale of FPS - Focus Product Scheme (FPS) was first introduced with the objective to incentivize export of such products which have high export...

  8. Benefit of Status Holders Incentive Scrip scheme - Import of accessories for Steam Turbine Generator cannot be considered as upgradation of technology of capital goods...

  9. Regarding extension of Status Holder Incentive Scrip (SHIS) scheme upto 31.03.2013 . - Ntf. No. 07 /2012 - Customs Dated: March 9, 2012

  10. The recent Public Notice No. 04/2024, in line with Notification No.32/2023-Customs and Circular No. 11/2023-Customs, introduces an Amnesty Scheme for a one-time...

  11. Revenue or capital receipt - sales tax subsidy/incentive under the Package Scheme of Incentives Scheme, 1993 - The High Court held that the sales tax subsidy/incentive...

  12. The limit of Rs One Crore per year for exports on free of cost exports basis for export promotion for Status Holders is removed and is made 2% of average annual export...

  13. Export Promotion Capital Goods Scheme (EPCG Scheme) - authority calls upon the petitioner to produce various export documents to establish the discharge of export...

  14. Levy of penalty u/s 114(iii) of the Customs Act, 1962 and Section 114AA of the Customs Act, 1962 - export of goods at highly over invoiced values - availing undue export...

  15. Processing of Merchandise Exports from India Scheme (MEIS) applications for SEZs Exports - Public Notice

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: The Allahabad High Court addressed the denial of a personal hearing in...
H: Levy of penalty u/s 129(3) subsequent to the search and seizure action...
H: Rejection of refund claim - The notices issued in this case were found...
H: Re-Determination of refund and interest thereon - Subsequent to the di...
H: Cancellation of GST registration of the petitioner - service of SCN - ...
A: GSTR 2A and GSTR 3B during 2018-19
F: Partner Remuneration
H: Validity of Ex-parte assessment order passed u/s 144B - The High Court...
H: Addition u/s 68 - shares of the assessee companies issued at huge prem...
H: Validity of search and seizure u/s 132 - The Bombay High Court quashed...
H: Power of CIT to cancel or withdraw registration invoking Section 12AA(...
H: Review petition - Validity of reopening of assessment - The High Court...
H: Reopening of assessment u/s 147 - The High Court dismissed the appeal ...
H: Demand of additional tax on simple processing of income - Applicabilit...
H: Special audit u/s 142(2A) - Complexity and Volume of Transactions - Re...
N: Amendment in Madhya Pradesh Goods and Services Tax Rules, 2017
N: Amendment in Notification No. CT-8-0002-2024-Sec-1-V(CT) (03), dated 1...
H: Interest payable to petitioner u/s 244A - Failure on the part of AO to...
H: Rejection of Application for Final Approval u/s 80G(5)(iii) - The Trib...
A: Delhi Court rules against ITC denial to NBFCs’ recovery agents.
A: Understanding Systems Audit and Process Audit: A Comparative Analysis
A: Assessee cannot be deprived of filing an appeal due to non-constitutio...
A: RECENT DEVELOPMENTS IN GST
F: GST ON POST SUPPLY DISCOUNT
C: Review of validation of KYC records by KRAs under Risk Management Framework
C: Certification requirement for key investment team of manager of AIF
A: Understanding the Role and Importance of Customs Brokers in Internatio...
A: THE ASSESSEE CANNOT BE ABSOLVED OF RESPONSIBILITY TO MONITOR THE GST PORTAL
A: HANDLING LITIGATION (APPEALS) IN GST
F: Supply of Services to State owned disaster management entity