DEEMED EXPORTS

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....ion for annual requirement / DFIA; (b) Supply of goods to EOU / STP / EHTP / BTP; (c) Supply of capital goods to EPCG Authorisation holders; (d) (i) Supply of goods to projects financed by multilateral or bilateral Agencies / Funds as notified by Department of Economic Affairs (DEA), MoF under International Competitive Bidding (ICB) in accordance with procedures of those Agencies / Funds, where legal agreements provide for tender evaluation without including customs duty; (ii) Supply and installation of goods and equipment (single responsibility of turnkey contracts) to projects financed by multilateral or bilateral Agencies / Funds as notified by DEA, MoF under ICB, in accordance with procedures of those Agencies / Funds, which....

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....hin 6 months or such further period as permitted by customs; (i) Supply to projects funded by UN Agencies; and (j) Supply of goods to nuclear power projects through competitive bidding as opposed to ICB. Supply of only those goods required for setting up any Nuclear Power Project as specified in list 33, S. No. 511 of Notification No. 12/2012-Customs dated 17.3.2012, as amended from time to time, having a capacity of 440MW or more, as certified by an officer not below rank of Joint Secretary to Government of India, in Department of Atomic Energy, shall be entitled for deemed export benefits, in cases where procedure of competitive bidding (and not ICB ) has been followed. 8.3 Benefits for Deemed Exports Deemed exports shall b....

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....to back letter of credit (b) Yes Yes Exemption (c) Yes Yes Refund (d) Yes Yes Exemption (f) Yes Yes (i)     Exemption (ii)   Exemption, if ICB.       Refund, if without ICB. (h) No Yes Refund (i) Yes Yes No (j) Yes Yes Refund ] 8.4.1 This paragraph is deleted because the contents of this paragraph reflected in table given in paragraph 8.4 above. 8.4.2 This paragraph is deleted because the contents of this paragraph reflected in table given in paragraph 8.4 above. 8.4.3 This paragraph is deleted because the contents of this paragraph reflected in table given in paragraph 8.4 above. ....

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....r deemed export drawback on customs duty paid on inputs/components. 8.5.1 Simple interest @ 6% per annum will be payable on delay in refund of duty drawback and terminal excise duty under deemed export scheme if the case is not settled within 30 days of receipt of complete application (as in paragraph 9.10.1 of HBP v1). 8.6.1 Supplies to be made by the main / sub-contractor In all cases of deemed exports, supplies shall be made directly to designated Projects / Agencies / Units / Advance Authorisation / EPCG Authorisation holders. Sub-contractor may, however, make supplies to main contractor instead of supplying directly to designated projects / Agencies. Such Supplies shall be eligible for deemed export benefits as per procedur....