Amendments in the Hand Book of Procedures(Vol.I),2004-2009 - Procedure for claiming Deemed Exports Drawback & Terminal Excise Duty Refund/ Exemption from payment of Terminal Excise Duty.
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Claiming deemed export relief: deadline and payment-linked refund conditions clarified for TED refund and duty drawback.
Amendments require claims for deemed export drawback and TED refund to be filed within twelve months measured from payment or supply, with payment through normal banking channels; full TED refund is conditional on 100% physical supply and receipt of at least ninety percent payment, while deemed export drawback is limited to the extent of payment received. For certain project-related supplies, claims may be filed on proof of supply or payment, including part payments, against individual projects or all projects.