the projects which are qualified for Deemed Export benefit under chapter 8 (2) (g) .Pl clarify, the EPC contractors who executes the contract can avail the deemed export benefit ?. EPC contractor is not a registerred under Central Excise as they don't manufacture any thing at site.
Mere fabrication , assembling and erecting the equipments for power plant, will it qualified for Deemed export benefit even though there is no manufacturing acitivity is involved at site. Pl claify what is definition for manufacturing under FTP
With regards
N.Balachandran
EPC Contractors May Qualify for Deemed Export Benefits Under Chapter 8(2)(g) if Policy Conditions Are Met A participant in a discussion forum inquired about the eligibility of EPC contractors for deemed export benefits under chapter 8(2)(g) of the Foreign Trade Policy, given that they only engage in fabrication, assembling, and erecting equipment without manufacturing at the site. One response suggested eligibility if all conditions are met, advising consultation of the amended Foreign Trade Policy. Another response clarified the definition of 'manufacture' in the policy, which includes making, producing, fabricating, assembling, and various other processes, as well as activities like agriculture and mining. (AI Summary)
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