Am I eligible for H1B cap exempt and what timelines do I've?

I got H1B visa stamped in July’2012 & was valid till Feb’2014. I have travelled on the same petition once to US on Aug’12 and returned to India in Nov’13. My petition and visa have same expiry date of Feb’14.


  1. Is it possible to use same H1B petition renewed this year i.e. 2014-15?
  2. Am I eligible for Cap exempt ?.
  3. Is there any specific timeframe to file this Petition if its valid Cap exempt. ?
    4.Is there any way to make my visa useful?
  4. Is it possible to extend, transfer or renew my existing petition without coming under lottery system?

Please help me out