Value addition requirement for rupee-paid exports must reflect tangible processing, not artificial increase in invoice values. Exports against payment in Indian Rupee under Paragraph 11.7 must achieve the mandated minimum value addition by an actual increase in the intrinsic value of the export product through tangible processing or manufacturing; artificial inflation of FOB or export documents to satisfy the threshold is unacceptable and undermines the rupee repayment mechanism.
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.
Value addition requirement for rupee-paid exports must reflect tangible processing, not artificial increase in invoice values.
Exports against payment in Indian Rupee under Paragraph 11.7 must achieve the mandated minimum value addition by an actual increase in the intrinsic value of the export product through tangible processing or manufacturing; artificial inflation of FOB or export documents to satisfy the threshold is unacceptable and undermines the rupee repayment mechanism.
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