Advance DTA sale entitlements let EOUs make trial domestic sales subject to adjustment and recoverable duty differentials. Advance DTA sale allows EOUs to make domestic sales for trial production or linked to capacity expansion/product diversification subject to permission by the Development Commissioner and limitations tied to envisaged export entitlements. Such sales attract concessional duty, must be adjusted against subsequent DTA sale entitlements within specified periods, and where export entitlements fail to materialise the duty differential is recoverable. Advance DTA transactions are not covered by the B 17 bond and require a separate bond with the Assistant Commissioner/Deputy Commissioner (Central Excise) to secure recovery of the differential duty.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance DTA sale entitlements let EOUs make trial domestic sales subject to adjustment and recoverable duty differentials.
Advance DTA sale allows EOUs to make domestic sales for trial production or linked to capacity expansion/product diversification subject to permission by the Development Commissioner and limitations tied to envisaged export entitlements. Such sales attract concessional duty, must be adjusted against subsequent DTA sale entitlements within specified periods, and where export entitlements fail to materialise the duty differential is recoverable. Advance DTA transactions are not covered by the B 17 bond and require a separate bond with the Assistant Commissioner/Deputy Commissioner (Central Excise) to secure recovery of the differential duty.
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