https://www.taxtmi.com/caselaws?id=190362 Imported capital goods supplied to a non-mega power project under advance authorisation were not treated as deemed exports because the Foreign Trade Policy limited that benefit to specified supplies of goods manufactured in India. The policy definition of "manufacture" in paragraph 9.36 could not override the express requirement in paragraph 8.2 that the supplied goods be manufactured in India. A DGFT circular clarified that imported boilers, turbines or generators supplied as such do not qualify for deemed export benefits. The article also notes that the project was an immovable power plant and that there was no estoppel against statute, so the export obligation discharge certificate and claimed benefit were ed. 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 Imported capital goods supplied to a non-mega power project under advance authorisation were not treated as deemed exports because the Foreign Trade Policy limited that benefit to specified supplies of goods manufactured in India. The policy definition of "manufacture" in paragraph 9.36 could not override the express requirement in paragraph 8.2 that the supplied goods be manufactured in India. A DGFT circular clarified that imported boilers, turbines or generators supplied as such do not qualify for deemed export benefits. The article also notes that the project was an immovable power plant and that there was no estoppel against statute, so the export obligation discharge certificate and claimed benefit were ed. Case-Laws Customs Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190362