Deemed exports allow notification of domestic supplies paid in domestic or convertible foreign exchange when manufactured in India. The Government may, on Council recommendations, notify certain supplies as deemed exports where goods do not leave India, payment is received in domestic currency or convertible foreign exchange, and the goods are manufactured in India.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed exports allow notification of domestic supplies paid in domestic or convertible foreign exchange when manufactured in India.
The Government may, on Council recommendations, notify certain supplies as deemed exports where goods do not leave India, payment is received in domestic currency or convertible foreign exchange, and the goods are manufactured in India.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.