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    <description>The policy defines Deemed Exports as domestically manufactured goods supplied without leaving the country, with payment in Indian rupees or free foreign exchange, and distinguishes manufacturer and main/sub contractor supplies to specified projects, EOUs and authorised holders. Eligible transactions may receive Advance Authorisation, deemed export duty drawback, or terminal excise duty refund subject to conditions including non availment of CENVAT credit, procurement by competitive bidding where required, documentation evidencing duties paid or application of notified drawback rates, and compliance with risk management audits, reassessment and recovery procedures and penal provisions for misrepresentation.</description>
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