We have received the deemed Export Order.
Ours is cement Company. we have recived an order from a contractor for cement using At Gujarat state petroleum corp kakinada.
Contractor wants Nil rate of Excise and sying it is deeemed Export.
What are the Approvals i need to check before desptach.
i dont understand how it is deemed export when both are indian companies.
and what are the documents ned to be prepared for excise.
Billing party is contractor, Project owner is govt company. can we send Zero rate of excise duty for despatches to the contractors not the project owbner.
Pl.clarify.
Regards,
Cement Company Questions Nil Excise Rate on Deemed Export Order; Seeks Clarification on SEZ Provisions and Documentation Requirements. A cement company received a deemed export order from a contractor for a project involving a government company. The contractor requested a nil excise rate, claiming the order qualifies as a deemed export. The cement company sought clarification on approvals and documentation required, questioning the deemed export status since both parties are Indian. A respondent suggested the project might be under SEZ provisions, exempting excise duties, and advised verifying the contractor's exemption basis. Another response cited specific notifications and FTP provisions supporting the deemed export claim. It was recommended to obtain a Project Authority Certificate and other specific documents from the main contractor. (AI Summary)