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TMI BlogDuty liability on DTA clearances/salesX X X X Extracts X X X X X X X X Extracts X X X X ..... der the Customs Act, 1962 or under any other law for the time being in force, on like goods produced or manufactured outside India, if imported into India. The value for payment of duty (after granting applicable depreciation on capital goods) is arrived at in accordance with the provisions of the Customs Act, as if these are imported goods. In case of clearance of goods under GST, DTA sale will b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g year in DTA, subject to fulfillment of positive NFE. The words "FOB value of exports" refers to physical exports only. Therefore, the value of deemed exports made by the unit is not considered while determining the FOB value of exports. [Instruction vide F.No. 305/48/2000-FTT dated 07.04.2000] 17.3 Sales made to a unit in SEZ is also taken into account for purpose of arriving at FOB value of e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Heading 9988 and 9989 under GST, but covered in LOP/para 11.31 of FTP as manufacturing of goods, will continue to be covered under para 6.07(a) of FTP. At the time of DTA clearance, applicable GST and compensation cess as per GST classification would apply. [Refer Notification No. 10/2015-2020 dated 07.06.2018 of DGFT] 17.5 In case of new EOUs, advance DTA sale are allowed not exceeding 50% of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ture Infrastructure and Development Cess (AIDC) in the manner of payment of BCD against the goods imported under Notification No. 52/2003- Cus dated 31.03.2003 under various situations like DTA sale of finished goods, clearance of inputs, capital goods, etc or exit from scheme.
[Refer Circular No. 07/2021-Customs dated 22.02.2021] X X X X Extracts X X X X X X X X Extracts X X X X
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