Deemed Export benefits for (i) Vindhyachal STPP Stage - II in Madhya Pradesh and (ii) Kayamkulam CCPP in Kerala, subsequent to closure of World Bank loan in March, 1999

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..... in March, 1999. PUBLIC NOTICE NO. 18(RE-01)/1997-2002 Dated : 07/06/2001 Sub: Deemed Export benefits for (i) Vindhyachal STPP Stage - II in Madhya Pradesh and (ii) Kayamkulam CCPP in Kerala, subsequent to closure of World Bank loan in March, 1999. In exercise of the powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazett .....

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..... ation with Ministry of Finance. It has been decided that deemed export benefits as given under Paragraph 10.3 of the EXIM Policy shall be available for supplies of goods to the above stated projects, as if these projects are financed by World Bank (IBRD IDA). In case the bids are invited under the World Bank Procedures and the World Bank loan fails to come through, for any reason, the deemed e .....

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..... reimburse the cash equivalent of deemed export benefit of Refund of Terminal Excise Duty, availed by the suppliers under Para 10.3 (c) of the Exim Policy 1997-2002, for the above stated projects. This issues in Public interest. ( N.L. Lakhanpal ) Director General of Foreign Trade - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxm .....

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