<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Is Export Benefits under FTP is allowed if Export Proceeds are realized in INR against EXIM Bank/Government of India Line of Credit</title>
    <link>https://www.taxtmi.com/forum/issue?id=110433</link>
    <description>Entitlement to FTP export incentives where payment is received in Indian rupees against an EXIM Bank/Government line of credit depends on movement of goods and classification of the supply. Advance Authorisation can cover deemed exports, but Chapter 3 export incentives do not apply to deemed exports; Advance Authorisation and Duty Drawback are not concurrently available. FTP para 2.52 permits INR-denominated contracts against EXIM/Government lines of credit and limited rupee realization routes, yet it does not expressly resolve how rupee realization affects eligibility for specific incentives.</description>
    <language>en-us</language>
    <pubDate>Tue, 31 May 2016 13:46:14 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:22 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=430147" rel="self" type="application/rss+xml"/>
    <item>
      <title>Is Export Benefits under FTP is allowed if Export Proceeds are realized in INR against EXIM Bank/Government of India Line of Credit</title>
      <link>https://www.taxtmi.com/forum/issue?id=110433</link>
      <description>Entitlement to FTP export incentives where payment is received in Indian rupees against an EXIM Bank/Government line of credit depends on movement of goods and classification of the supply. Advance Authorisation can cover deemed exports, but Chapter 3 export incentives do not apply to deemed exports; Advance Authorisation and Duty Drawback are not concurrently available. FTP para 2.52 permits INR-denominated contracts against EXIM/Government lines of credit and limited rupee realization routes, yet it does not expressly resolve how rupee realization affects eligibility for specific incentives.</description>
      <category>Discussion-Forum</category>
      <law>Customs</law>
      <pubDate>Tue, 31 May 2016 13:46:14 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=110433</guid>
    </item>
  </channel>
</rss>