Deemed Export Benefit

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..... Deemed Export Benefit
Query (Issue) Started By: - N Balachandran Dated:- 30-1-2012 Last Reply Date:- 4-5-2012 Customs - Exim - SEZ
Got 2 Replies
Customs
the projects which are qualified for Deemed Export benefit under chapter 8 (2) (g) .Pl clarify, the EPC contractors who executes the contract can avail the deemed export benefit ?. EPC contractor is not a registerred under Central Exc .....

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..... ise as they don't manufacture any thing at site. Mere fabrication , assembling and erecting the equipments for power plant, will it qualified for Deemed export benefit even though there is no manufacturing acitivity is involved at site. Pl claify what is definition for manufacturing under FTP With regards N.Balachandran Reply By Surender Gupta: The Reply: I think, you should be eligible for .....

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..... Deemed Export benefits if all other conditions and procedures are fulfilled. You may go through the amended Foreign Trade Policy or Procedure in this site. Reply By Radha Arun: The Reply: Definition of manufactuire in FTP: 9.36 "Manufacture" means to make, produce, fabricate, assemble, process or bring into existence, by hand or by machine, a new product having a distinctive name, character or .....

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..... use and shall include processes such as refrigeration, re-packing, polishing, labelling, Re-conditioning repair, remaking, refurbishing, testing, calibration, re-engineering. Manufacture, for the purpose of FTP, shall also include agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture, viticulture and mining.
Discussion Forum - Knowledge Shar .....

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..... ing .....

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