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TMI BlogAdvance Authorisation - Demed Export - EPC contractorX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, It is understand that the Contractors / Sub-contractors working as EPC contractors or their sub-contractors for setting up Power Projects , are eligible for the following benefits under Chapter 8(2)(g) of FT P against Deemed Exports. Deemed Export - Categories of Supply para 8(2)(g) 8.2 Following categories of supply of goods by main / subcontractor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s shall be regarded as Deemed Exports under FTP, provided goods are manufactured in India: (g) Supply of goods to power projects and refineries not covered in (f) above; Benefits for Deemed Exports 8.3 Deemed exports shall be eligible for any / all of following benefits in respect of manufacture and supply of goods qualifying as deemed exports subject to terms and conditions as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in HBP v1:- (a) Advance Authorisation / Advance Authorisation for annual requirement / DFIA. (b) Deemed Export Drawback. (c) Exemption from terminal excise duty where supplies are made against ICB. In other cases, refund of terminal excise duty will be given. Exemption from TED shall also be available for supplies made by an Advance Authorisation holder to a manufacturer hold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing another Advance Authorization if such manufacturer, in turn, supplies the product(s) to an ultimate exporter. It is also understand that the Advance Authorisation will be issued to a manufacturer / supporting manufacturer in India on actual user condition basis Advance Authorisation - Para 4.1.3 Advance Authorisation can be issued either to a manufacturer exporter or merchant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exporter tied to supporting manufacturer(s) for: i) Physical exports (including exports to SEZ); and/ or ii) Intermediate supplies; and /or iii) Supply of goods to the categories mentioned in paragraph 8.2 (b), (c), (d), (e), (f), (g), (i) and (j) of FTP ; iv) Supply of stores on board of foreign going vessel In the given circumstances Please clarify.... ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Whether an EPC contractor who is executing a power project construction work, would partly import and also indigeneously procure Plant and Machinery / goods in CKD /SKD condtion and assemble the same at site of construction and transfer the same to the Owner/Developer of the project, is eligible for obtaining Advance Authorisation ? If so, can he meet the Export Obligation against EPC Wo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rks Contract Turn Over done and payments received ? Is that the assembling of plant and machinery, Equipments, etc., at site would amount to manufacture of power generating plant and exigible for payment of Excise Duty or the activity is exempted from payment of ED since they all commissioned and embedded on to the earth? Thanks and regards, Ramakrishna M Hyderabad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8978386060 - Reply By BHARAT PUROHIT - The Reply = DEAR SIRS 1) POWER PROJECTS MENTIONED AT PARA 8.4.7 ARE ELIGIBLE FOR DEEMED EXPORT BENEFIT. PL CHECK YR PROPOSAL.PROJECT SANCTION FROM POWER MINISTRY IS REQUIRED. 2) ONLY ITEMS RELATED TO MANUFACTURING ( PALNT , MACHINERY ETC ARE ALLOWED TO GET SUCH BENEFIT. ( I.E CONSTRUCTION ITEMS ARE EXCLUDED ) THNX/ B.B. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PUROHIT - Advance Authorisation - Demed Export - EPC contractor - Query Started By: - Ramakrishna M Dated:- 7-6-2011 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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