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TMI BlogExport of excisable goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... We are availing SSI exemption and have a sale which is billed to a company in Germany but delivered in IIT Hyderabad. So the sale is in foreign exchange (Euro) but we are charging VAT 12.5% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (again in Euro) as we are told that is the rule, as the consignment is going to India only Will this be considered as Export or home consumption? Pl advice. - Reply By Pradeep Kha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tri - The Reply = Dear Iqbal, As per the Foreing Trade Policy, chapter 8, such exports are termed as Deemed Export. Deemed Export means that goods don't leave the soil of India but payment are rec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eived in Foreign Currency or equivalent in Indian rupees. All export related benefits are allowed in such scenarios. Please check the relevant provisions under, FTP, MVAT Act read with MVAT Rules t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat whether you fall under the eligible category or not. Please also have consultation with your seniors and with your MVAT counsel in this regard. Best Regards, Pradeep Khatri - Reply By Iq ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bal Dairkee - The Reply = Thanks a lot Mr. Pradeep Khatri. Warm Regards Iqbal - Export of excisable goods - Query Started By: - Iqbal Dairkee Dated:- 25-6-2012 Central Excise - Got 2 Repli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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