https://www.taxtmi.com/caselaws?id=753904 The HC allowed the petition challenging denial of terminal excise duty (TED) refund for deemed exports under Export Import Policy. Petitioner constructed tsunami bund and retaining wall for nuclear reactor project at Kalpakkam. Court held deemed exports receive same benefits as physical exports, including excise duty refund on raw materials. Contract terms entitled petitioner to TED refund, and third respondent had issued required certificate. The impugned order denying refund was quashed as petitioner satisfied all obligations for deemed export benefits under Foreign Trade Policy. en-us Wed, 10 Apr 2024 00:00:00 +0530 Thu, 13 Jun 2024 03:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753904 The HC allowed the petition challenging denial of terminal excise duty (TED) refund for deemed exports under Export Import Policy. Petitioner constructed tsunami bund and retaining wall for nuclear reactor project at Kalpakkam. Court held deemed exports receive same benefits as physical exports, including excise duty refund on raw materials. Contract terms entitled petitioner to TED refund, and third respondent had issued required certificate. The impugned order denying refund was quashed as petitioner satisfied all obligations for deemed export benefits under Foreign Trade Policy. Case-Laws Customs Wed, 10 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753904