Can we supplly the Insulated cables from 100%EOU to Ultra Megapower Project, Mundra as sub-contractor on payment of Excise Duty and later on we want to claim the Terminal Excise Duty refund from DGFT. Secondly whether Domestic manufacturers are able to avail the benefit of Custom Duty Exemption under custom notification supplied to Ultra Mega Power project, when like goods are imported in India .
Supplying of goods to 100% EOU
SHAHID HASHMI
Insulated Cable Supply to Power Project: EOUs Can Claim Excise Duty Refund; Domestic Manufacturers Get Customs Exemption with PAC A query was raised regarding the supply of insulated cables from a 100% Export Oriented Unit (EOU) to the Ultra Mega Power Project in Mundra as a subcontractor, specifically about paying excise duty and claiming a Terminal Excise Duty refund from the Directorate General of Foreign Trade (DGFT). Additionally, there was a question about whether domestic manufacturers can benefit from customs duty exemption when supplying goods to the project. The response indicated that both scenarios are feasible: EOUs can claim deemed export benefits, and domestic manufacturers can avail customs duty exemptions if the goods meet the Project Authority Certificate (PAC) requirements. (AI Summary)