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Status Holder Incentive Scheme(SHIS)
With an objective to promote investment in upgradation of technology of some specified sectors such as leather, textiles, Jute, handicrafts, plastics, basic Chemicals, rubber products, glass and glassware, paper and books, paints and allied products, plywood and allied products, electronics products, sports goods and toys, engineering products viz. iron and steel, pipes and tubes, ferro-alloys etc., Status Holders shall be entitled to incentive scrip @ 1% of FOB value of exports made during 2009-10 for six sectors, viz: Leather Sectors (excluding finished leather); Textiles and Jute Sector; Handicrafts;

Engineering Sector (excluding Iron & Steel, Non-ferrous Metals in primary or intermediate forms, Automobiles & two wheelers, nuclear reactors & parts and Ships, Boats and Floating Structures); Plastics; and Basic Chemicals (excluding Pharma Products), and expanded for exports in 2010-11 and 2011-12 of additional sectors listed in the form of duty credit [subject to prescribed exclusions as specified in Policy] for procurement of capital goods for technology upgradation, with actual user condition. This shall be over and above any duty credit scrip claimed/availed under Chapter-3 of FTP. This facility is available upto 31.3.2013.

Eligibility:
The Status Holders of the following sectors are eligible for this Status Holders duty credit;
• Leather Sector (excluding finished leather)
• Textiles and Jute Sector
• Handicrafts
• Engineering Sector
• Plastics
• Basic Chemicals excluding pharmaceutical products.

Incentive: Additional duty credit scrip @ 1% of the FOB of past export for specified product groups including leather, specific sub sectors in engineering, textiles, plastics, handicrafts and jute. This duty credit is over and above any duty credit scrip already claimed/availed.

Utilisation: This duty credit can be used for import of capital goods as well as for payment of duty against imports under Export Promotions Capital Goods (EPCG) scheme provided the item is importable against the scrip.

Note: Duty Credit Scrip under Status Holders Incentive Scrip (SHIS) is transferable to other Status Holders who are manufacturers as per FTP announced on 5th June 2012
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