DEEMED EXPORTS

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....rts" for the purpose of GST would include only the supplies notified under Section 147 of the CGST/SGST Act, on the recommendations of the GST Council. The benefits of GST and conditions applicable for such benefits would be as specified by the GST Council and as per relevant rules and notification. 7.02 Categories of Supply Supply of goods under following 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; ....

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.... supply is made under procedure of ICB. (ii) Supply of goods required for setting up of any mega power project, as specified in the list 31 at Sl. No. 598 of Department of Revenue Notification No. 50/2017-Customs dated 30.6.2017, as amended from time to time and subject to conditions mentioned therein, shall be eligible for deemed export benefits provided such mega power project conforms to the threshold generation capacity specified 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 Nati....

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....back]. (c) Refund of terminal excise duty for excisable goods mentioned in Schedule 4 of Central Excise Act 1944 provided the supply is eligible under that category of deemed exports and there is no exemption. 7.04 Benefits to the Supplier /Recipient Categories of supplies as per Para 7.02 Benefits on supplies, as given in Para 7.03 above, whichever is applicable. Para 7.03 (a) Advance Authorisation Para 7.03 (b) Duty Drawback Para 7.03 (c) Terminal Excise Duty (a) Yes (for inter mediate supplies against an invalidation letter) Yes (against ARO) Yes (b) Yes Yes Yes (c) Yes Yes NA (d) deleted deleted deleted (e) Yes Yes NA (f) Yes Yes Yes, o....

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....ontractor and not by project Authority. (iii) Supply of domestically manufactured goods by an Indian Subcontractor 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 on specified supplies (i) Deemed export benefits shall be available for supplies of 'Cement" under Para 7.02 (e) only. (ii) Deemed export benefit shall be available on supply of "Steel": (a) As an inputs to Advance Autho....

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....ut also the claims of all RAs falling under the jurisdiction of the Zone. (b) The respective RA may also, either on the basis of report from Internal Audit/ External Audit Agency(ies) or suo-motu, reassess any case, where any erroneous/in-eligible payment has been made/claimed. RA will take necessary action for recovery of payment along with interest at the rate of 15% per annum on the recoverable amount. 7.11 Penal Action In case, claim is filed by submitting mis-declaration/mis-representation of facts, then in addition to effecting recovery under Para 7.10(b) above, the applicant shall be liable for penal action under the provisions of F.T. (D&R) Act, Rules and orders made there under. 7.12 Transitional Para Deemed exports ....