Rs. 600 crore for paying penidng claims of Excise Duty under deemed export released

The Government has released a further sum of Rs. 600 crore to regional authorities of DGFT for payment of pending claims of Terminal Excise Duty and Duty Drawback under deemed export scheme. The Government has also released Rs. 200 crore to the Development Commissioners of Special Economic Zones for payment towards pending claims of Central Sales Tax (CST) in respect of supplies made to 100% Export Oriented Units (EOUs).