https://www.taxtmi.com/caselaws?id=190362 Deemed export benefits under the Foreign Trade Policy apply only to specified supplies by main or sub-contractors where the goods are manufactured in India. Imported capital goods supplied as such to a non-mega power project do not meet that condition, and the policy definition of "manufacture" cannot override the express domestic-manufacture requirement. Boilers, turbines and generators imported and supplied without domestic manufacturing are ineligible for deemed export treatment. A power plant is immovable property, and no estoppel can operate against statute. Consequently, the claim for deemed export benefit and an export obligation discharge certificate was rejected, while the rejection and demand were sustained. en-us Fri, 30 Oct 2015 00:00:00 +0530 Mon, 13 Feb 2017 16:46:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190362 Deemed export benefits under the Foreign Trade Policy apply only to specified supplies by main or sub-contractors where the goods are manufactured in India. Imported capital goods supplied as such to a non-mega power project do not meet that condition, and the policy definition of "manufacture" cannot override the express domestic-manufacture requirement. Boilers, turbines and generators imported and supplied without domestic manufacturing are ineligible for deemed export treatment. A power plant is immovable property, and no estoppel can operate against statute. Consequently, the claim for deemed export benefit and an export obligation discharge certificate was rejected, while the rejection and demand were sustained. Case-Laws Customs Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190362