Deemed exports: domestic supplies treated as exports when goods stay in India and payment is in rupees or convertible forex. Section 147 permits the Government, on the Council's recommendation, to notify supplies as deemed exports where goods manufactured in India do not leave ... Summary
Deemed exports: domestic supplies treated as exports when goods stay in India and payment is in rupees or convertible forex.
Section 147 permits the Government, on the Council's recommendation, to notify supplies as deemed exports where goods manufactured in India do not leave the country and payment is received in Indian rupees or convertible foreign exchange.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.