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DEEMED EXPORTS

Chapter 7 - Policy - Foreign Trade Policy - DGFT - Chapter 7 - CHAPTER 7 7.00 Objective To provide a level-playing field to domestic manufacturers in certain specified cases, as may be decided by the Government from time to time. 7.01 refer to those transactions in which goods supplied do not leave country, and payment for such supplies is received either in Indian rupees or in free foreign exchange. Supply of goods as specified in Paragraph 7.02 below shall be regarded as provided goods are man .....

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ght containers-manufacturers) provided said containers are exported out of India within 6 months or such further period as permitted by customs; B. Supply by main / sub-contractor (s): (e) (i) Supply of goods to projects financed by multilateral or bilateral Agencies / Funds as notified by Department of Economic Affairs (DEA), MoF, where legal agreements provide for tender evaluation without including customs duty. (ii) Supply and installation of goods and equipment (single responsibility of tur .....

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, is given in Appendix 7A. (f) (i) Supply of goods to any project or for any purpose in respect of which the Ministry of Finance, by Notification No. 12/2012 -Customs dated 17.3.2012, as amended from time to time, permits import of such goods at zero customs duty subject to conditions specified in the above said Notification. Benefits of shall be available only if the supply is made under procedure of ICB. (ii) Supply of goods required for setting up of any mega power project, as specified in th .....

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gh tariff based competitive bidding. (g) Supply of goods to United Nations or International Organisations for their official use or supplied to the projects financed by the said United Nations or an International organisation approved by Government of India. List of such organisation and conditions applicable to such supplies is given in the Excise Notification No 108/95-CE, dated 28.08.1995, as amended from time to time. A list of Agencies, covered under this paragraph, is given in Appendix-7B. .....

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vited through National competitive bidding (NCB) or through ICB. 7.03 Benefits for shall be eligible for any / all of following benefits in respect of manufacture and supply of goods, qualifying as , subject to terms and conditions as given in HBP and ANF-7A: (a) Advance Authorisation / Advance Authorisation for annual requirement / DFIA. (b) Deemed Export Drawback. (c) Refund of terminal excise duty, if exemption is not available. 7.04 Benefits to the Supplier /Recipient Categories of supplies .....

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Exemption (c) Yes Yes Refund (d) No Yes Refund (e) Yes Yes Exemption (f) Yes Yes Exemption, if supplies under ICB. Refund, if supplies under tariff based competitive bidding. (g) Yes Yes Exemption (h) Yes Yes Refund 7.05 Conditions for refund of terminal excise duty (i) Supply of goods will be eligible for refund of terminal excise duty as per Para 7.03 (c) of FTP, provided recipient of goods does not avail CENVAT credit/rebate on such goods. (ii) However, supply of goods which are exempted ab- .....

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t drawback Supplies will be eligible for deemed export drawback as per para 7.03 (b) of FTP, as under: (a) In case CENVAT credit / rebate has not been availed on the inputs / input services, by the supplier of goods, then, benefit as per Column A of All Industry Rate of Duty Drawback Schedule shall be admissible. (b) If CENVAT credit / rebate has been availed by the supplier of goods, on inputs / input services, then, no Drawback shall be admissible as per Column B of All Industry Rate of Duty D .....

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isation holder. Sub-contractors may, however, make supplies to main contractor instead of supplying directly to designated Projects/ Agencies. Payments in such cases shall be made to sub-contractor by main-contractor and not by project Authority. (iii) Supply of domestically manufactured goods by an Indian Sub-contractor to any Indian or foreign main contractor, directly at the designated project s/ Agency s site, shall also be eligible for deemed export benefit provided name of sub-contractor i .....

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