EPCG benefits for Deemed Export

[Murali BN]

Dear Friends..

We are an DTA pharma export company based in bangalore, we billed some of the products to an SEZ organisation in bangalore.

Can we claim EPCG benefits, if yes can someone share the notifications.

Thanks & Regards

AI Summary

DTA Pharma Exporter Can Claim EPCG Benefits for SEZ Supplies; Deemed Exports Eligible for Additional Incentives A DTA pharma export company in Bangalore inquired about claiming EPCG benefits for products billed to an SEZ organization. Responses clarified that EPCG benefits can be claimed for such transactions, as supplies to SEZs are considered exports or zero-rated supplies. It was noted that export proceeds for deemed exports must be realized in freely convertible currency, except for SEZ supplies, which can be realized from the SEZ unit's foreign currency account. Additionally, deemed exports are eligible for benefits such as Advance Authorisation, Deemed Export Drawback, and refund of terminal excise duty, subject to specific conditions.