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TMI BlogDEEMED EXPORT BENEFITX X X X Extracts X X X X X X X X Extracts X X X X ..... Deemed Export benefits are covered by Chapter 7 of FTD. Clause 7.02.(e) : B - Categories of Supply by Main/Sub contractor(s) allows benefit of deemed export like Advance Authorization/ DFIA, Duty drawback or Refund/Exemption of Terminal Excise Duty. Projects financed by multilateral/Funds notified by DEA, MoF are allowed for Deemed Export benefit. However the condition posed in para 7.02.E.(iii) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is that the supplies covered shall be under International Competitive Bidding (ICB) in accordance with the procedures of those Agencies/ Funds. The query here is that a Infrastructure Project of road which is financed by Asian Development Bank (ADB) ( an approved agencies under Appendix 7A of the FTP ) has been evaluated under National Competitive Bidding (NCB) process instead of (ICB) as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentioned above, by Publilc Works, Ports Inland water Transport Department, Govt of Karnataka , India , known as ( Karnataka State Highways Improvement Project (KSHIP)) , will be eligible for benefits of Deemed Export as prescribed under para 7.04 of the Foreign Trade Policy. - Reply By MUKUND THAKKAR - The Reply = Sir, Are u eligable to availing the benifit of Deem export if project ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... funded by WB/ ADB /JBIC. - Reply By MAHESH AGARWAL - The Reply = Yes. We are eligible as project is financed by ADB. - DEEMED EXPORT BENEFIT - Query Started By: - MAHESH AGARWAL Dated:- 29-9-2015 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.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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