9911796707
TMI BlogSubmission of multiple applications and part payments for claiming deemed export benefits under para 8.3.1 of HBPX X X X Extracts X X X X X X X X Extracts X X X X ..... HBP V I, inter alia stipulate that claims for deemed export benefits should be filed within a period of twelve months from the date of payment / date of receipt of supplies by project authority. It is also laid down that 100% TED refund may be allowed after 100% supplies have been effected physically and payment received at least up to 90%. 2. It has been pointed out by Trade and industry that i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that in respect of all the claims arising for a particular month/ quarter (as per the option of applicant), one consolidated application should be filed within the stipulated time period. It is further clarified that for all the deemed export benefit claims, in respect of a particular project or a particular recipient (of goods) unit, arising in a calendar month/quarter (as per the option of appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 36 (RE-08)/2004-2009 dated 16/10/2008 before it was read as, "The issues have been considered. It is seen that sub-paras 8.3.1 (ii) and (iv) of Handbook v1 do not impose restriction on submission of multiple applications. However, to reduce the paper work and ensure proper monitoring, there is necessity to limit the number of applications which an applicant may file within a financial year ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
