Respected Sir,
I need your expert advice regarding following issue.
I have to make a supply of machines to a Govt. Project and according to FTP 8.2(j) the name of said project is mentioned in list 33, Sr.No. 511 of Notification No. 12/2012-Customs Dated 17.03.2012.
Please clarify:
1. Is this supply/sale treated as Deemed Export ?
2. Is there any requirement of any document to establish Deemed Export ?
3. Is there any exemption/concession available on Customs Duty for procurement of imported inputs?
4. Can I avail CENVAT CREDIT on imported as well as indigenous procurement?
You are requested to spare some time for me and reply as earliest as possible.
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