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TMI BlogDEEMED EXPORTSX X X X Extracts X X X X X X X X Extracts X X X X ..... es (a) to (d) by a manufacturer and under categories (e) to (h) by main / sub-contractors shall be regarded as Deemed Exports : A. Supply by manufacturer: (a) Supply of goods against Advance Authorisation / Advance Authorisation for annual requirement / DFIA; (b) Supply of goods to EOU / STP / EHTP / BTP; (c) Supply of capital goods against EPCG Authorisation; (d) Supply of marine freight containers by 100% EOU (Domestic freight containers-manufacturers) provided said containers are exported out of India within 6 months or such further period as permitted by customs; B. Supply by main / sub-contractor (s): (e) (i) Supply of goods to projects financed by multilateral or bilateral Agencies / Funds as notified by Departme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the above said Notification. (iii) For mega power projects, ICB condition would not be mandatory if the requisite quantum of power has been tied up through tariff based competitive bidding or if the project has been awarded through tariff based competitive bidding. (g) Supply of goods to United Nations or International Organisations for their official use or supplied to the projects financed by the said United Nations or an International organisation approved by Government of India. List of such organisation and conditions applicable to such supplies is given in the Excise Notification No 108/95-CE, dated 28.08.1995, as amended from time to time. A list of Agencies, covered under this paragraph, is given in Appendix-7B. (h) Suppl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation letter) Yes (against ARO or Back to Back letter of credit) (i) Exemption, in case of Invalidation Letter (ii) Refund, in case of ARO or back to back letter of credit (iii) No exemption/ refund against supply to DFIA as CVD is not exempted (b) Yes Yes Exemption (c) Yes Yes Refund (d) No Yes Refund (e) Yes Yes Exemption (f) Yes Yes Exemption, if supplies u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es, then, no Drawback shall be admissible as per Column B of All Industry Rate of Duty Drawback Schedule. However, in such cases, Basic Customs Duty paid can be claimed as Brand Rate of Duty Drawback based upon submission of documents evidencing actual payment of duties. 7.07 Common conditions for deemed export benefits (i) Supplies shall be made directly to entities listed in the Para 7.02. Third party supply shall not be eligible for benefits/exemption. (ii) In all cases, supplies shall be made directly to the designated Projects/Agencies/Units/ Advance Authorisation/ EPCG Authorisation holder. Sub-contractors may, however, make supplies to main contractor instead of supplying directly to designated Projects/ Agencies. Paymen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal excise duty under the scheme, provided the claim is not settled within 30 days from the date of issue of final Approval Letter by RA. 7.10 Risk Management and Internal Audit mechanism (a) A Risk Management system shall be in operation, wherein every month, Computer system in DGFT headquarters, on random basis, will select 10% of cases, for each RA, where benefit(s) under this chapter has/have already been granted. Such cases shall be scrutinized by an internal Audit team, headed by a Joint DGFT, in the office of respective Zonal Addl. DGFT. The team will be responsible to audit claims of not only for its own office but also the claims of all RAs falling under the jurisdiction of the Zone. (b) The respective RA may also, eithe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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