TaxTMI 
TaxTMI 
Grant of Deemed Export Benefits for supplies to the projects funded by Organizations such as JICA etc. under para 8.2(d) of the Foreign Trade Policy, 2009-14.
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....icy Circular No. 11/2015-20 New Delhi, dated: 23.07.2018 To All Regional Authorities All Development Commissioners, SEZ All Export Promotion Councils/Commodity Bodies Subject: Grant of Deemed Export Benefits for supplies to the projects funded by Organizations such as JICA etc. under para 8.2(d) of the Foreign Trade Policy, 2009-14. Department of Economic Affairs vide Public N....
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....l. I appearing in para 8.2(d) of FTP 2009-14 to be eligible for deemed export benefits under para 8.3 of FTP 2009-14. 2. However, the deemed export benefits for supplies made-to the projects funded by these agencies were discontinued in the new FTP 2015-20 notified on 1.4.2015 and only three agencies viz. International Bank of Reconstruction and development (IBRD) and International Development ....
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....manufacturer holding another Advance Authorization if such manufacturer, in turn, supplies the product(s) to an ultimate exporter. 4. The supplies to the projects funded by JICA notified vide DGFT's Public Notice No.67 dated 25th May, 2010 were made against ICB and hence were eligible for ab-initio exemption from payment of terminal excise duty under para 8.3(c) of FTP, 2009-14. However, se....
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....n with Department of Revenue and Department of Economic Affairs. To honour the commitment made in the erstwhile FTP 2009-14, it has been decided, in relaxation of the provisions of para 8.3(c), to allow the refund of Terminal Excise Duty, where exemption from payment of TED under relevant excise notifications was not available, in respect of supplies made to the projects funded by JICA etc. (other....