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Refund of excise duty

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..... Refund of excise duty
Query (Issue) Started By: - V.K. Verma Dated:- 15-6-2007 Last Reply Date:- 2-7-2007 Customs - Exim - SEZ
Got 2 Replies
Customs
MEGA POWER PROJECTS (SAY NUCLEAR POWER .....

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..... PROJECTS)enjoy certain concessions. As per Import Export policy (1997-202)domestic contractors supplying goods for these projects under the process of comptetive bidding shall be eligible for benefit .....

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..... s of 'Deemed Export' which include refund of terminal excise duty vide notifications no.42(RE-2001)1997-2002 dt.21.12.2001 and 57 (RE-01/1997-2002 dt.21.12.2001)issued by the DGFT. My query is whether .....

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..... a contractor who has supplied goods for construction of one such project at Rajasthan in 2004-05-06, can claim refund of excise duty charged to him by his suppliers on these goods in their bills. If .....

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..... yes, the procedure thereof. Reply By Madhukar N Hiregange: The Reply: yes it is possible. you may contact a good professional / consultant near you for details as too many issues are involved Reply B .....

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..... y Surender Gupta: The Reply: As per the provisions of foreign trade policy in case of deemed export, certain export benefits are available like exemption from terminal excise duty etc. For this purpos .....

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..... e all the circumstances and facts are to be analyzed in detail.
Discussion Forum - Knowledge Sharing .....

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