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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Amendment to FTP 2009-2014 clarifies TED and deemed export drawback refunds; requires new declarations in ANF 8.</h1> The amendment to Paragraph 8.5 of the Foreign Trade Policy (FTP) 2009-2014 clarifies the requirements for claiming Terminal Excise Duty (TED) and deemed export drawback refunds. It specifies that recipients of goods must submit a declaration in Annexure II of ANF 8 to confirm they have not availed CENVAT credit/rebate. Similarly, suppliers must provide a declaration in Annexure III of ANF 8 for deemed export drawback claims on Central Excise duty, affirming no CENVAT credit/rebate was availed. The amendment replaces 'applicant' with 'supplier of goods' for the deemed export drawback claim.
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