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<h1>Understanding Deemed Exports: Benefits and Compliance Under Chapter 8 of Foreign Trade Policy 2009-14</h1> Deemed Exports under Chapter 8 of the Foreign Trade Policy 2009-14 involve transactions where goods supplied do not leave India, and payment is received in Indian rupees or foreign exchange. These include supplies against authorizations like Advance Authorisation, to Export Oriented Units, or for projects funded by international agencies. Benefits for deemed exports include Advance Authorisation, deemed export drawback, and terminal excise duty refund. Eligibility for these benefits requires compliance with specified conditions. Supplies must be made directly to designated projects or through sub-contractors, with specific provisions for cement, steel, and fuel supplies. Refund delays incur interest.