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Clarification on deemed export benefits

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..... Promotion Councils / Commodity Boards, The Federation of Indian Export Organisations, New Delhi. All Chambers of Commerce and Industries / Association on mailing list. Subject : Clarification on deemed export benefits. On certain issues relating to deemed exports, clarifications have been sought by Regional Licensing Authorities as well as exporters. These issues have been discussed wit .....

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..... pecial Import License are available to the Manufacturer Exporter only for supply of the goods manufactured in India. In respect of supplies under Paragraph 10.2(d), (e), (f) and (g) of the EXIM Policy, where main contractor and sub-contractors are involved, main contractor will be entitled for deemed export benefits to the extent of goods manufactured and supplied by him and sub-contractor will be .....

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..... nse is to be granted to a Manufacturer exporters only. A Special Imprest License can also be availed by sub-contractor of the main contractor. Hence, Special Imprest License is to be granted only to the Manufacturer Exporter. In respect of supplies under Paragraph 10.2 (d), (e), (f) and (g) of the EXIM Policy where main contractor and sub-contractor are involved, Special Imprest License can be cla .....

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..... the EXIM Policy "provided the goods are manufactured in India" have to be satisfied. This has been issued with the approval of DG. Yours faithfully, ( L. B. Singhal ) Jt. Director General of Foreign Trade - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMI .....

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