The Government has released a further sum of Rs. 600 crore to regional authorities of DGFT for payment of pending claims of Terminal Excise Duty and Duty Drawback under deemed export scheme. The Government has also released Rs. 200 crore to the Development Commissioners of Special Economic Zones for payment towards pending claims of Central Sales Tax (CST) in respect of supplies made to 100% Export Oriented Units (EOUs). Deemed export claims funding released to settle pending excise duty, duty drawback and central sales tax liabilities under export schemes. The Government released funds to regional authorities for settlement of pending Terminal Excise Duty and Duty Drawback claims under the deemed export scheme, and provided additional funds to Development Commissioner offices of Special Economic Zones to discharge pending Central Sales Tax claims for supplies to 100% Export Oriented Units.
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Deemed export claims funding released to settle pending excise duty, duty drawback and central sales tax liabilities under export schemes.
The Government released funds to regional authorities for settlement of pending Terminal Excise Duty and Duty Drawback claims under the deemed export scheme, and provided additional funds to Development Commissioner offices of Special Economic Zones to discharge pending Central Sales Tax claims for supplies to 100% Export Oriented Units.
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