TaxTMI 
TaxTMI 
DEEMED EXPORTS
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....categories (a) to (d) by a manufacturer and under categories (e) to (h) by main / sub-contractors shall be regarded as "Deemed Exports": A. Supply by manufacturer: (a) Supply of goods against Advance Authorisation / Advance Authorisation for annual requirement / DFIA; (b) Supply of goods to EOU / STP / EHTP / BTP; (c) Supply of capital goods against EPCG Authorisation; (d) Supply of marine freight containers by 100% EOU (Domestic freight containers-manufacturers) provided said containers are exported out of India within 6 months or such further period as permitted by customs; B. Supply by main / sub-contractor (s): (e) (i) Supply of goods to projects financed by multilateral or bilateral Agencies / Funds as notified by ....
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....cified in the above said Notification. (iii) For mega power projects, ICB condition would not be mandatory if the requisite quantum of power has been tied up through tariff based competitive bidding or if the project has been awarded through tariff based competitive bidding. (g) Supply of goods to United Nations or International Organisations for their official use or supplied to the projects financed by the said United Nations or an International organisation approved by Government of India. List of such organisation and conditions applicable to such supplies is given in the Excise Notification No 108/95-CE, dated 28.08.1995, as amended from time to time. A list of Agencies, covered under this paragraph, is given in Appendix-7B. (....
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...., in case of ARO or back to back letter of credit (iii) No exemption/ refund against supply to DFIA as CVD is not exempted (b) Yes Yes Exemption (c) Yes Yes Refund (d) No Yes Refund (e) Yes Yes Exemption (f) Yes Yes Exemption, if supplies under ICB. Refund, if supplies under tariff based competitive bidding. (g) Yes Yes Exemption (h) Yes Yes Refund 7.05 Conditions for refund of terminal excise duty (i) Supply of goods will be eligible for refund of terminal excise duty as per Para 7.03 (c) of FTP, provided recipient of goods does not avail CENVAT credit/rebate on such goods. (ii) However, supply of goods which are exempted ab-initio fro....
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.... Authorisation/ EPCG Authorisation holder. Sub-contractors may, however, make supplies to main contractor instead of supplying directly to designated Projects/ Agencies. Payments in such cases shall be made to sub-contractor by main-contractor and not by project Authority. (iii) Supply of domestically manufactured goods by an Indian Sub-contractor to any Indian or foreign main contractor, directly at the designated project's/ Agency's site, shall also be eligible for deemed export benefit provided name of sub-contractor is indicated either originally or subsequently (but before the date of supply of such goods) in the main contract. In such cases payment shall be made directly to sub-contractor by the Project Authority. 7.08 Benefits ....