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Terminal excise Duty

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27 April 2009 What is Terminal Excise Duty ?
Why it is levied? on what basis?

28 April 2009 duty which is paid back to the buyer, when the capital goods despatched under EPCG lic. scheme.

regards
k.ravi

29 April 2009 Terminal excise duty is a term used in Foreign Trade policy. It is same as Excise duty paid on final product.
In case of deemed export under Chapter 8 of the foreign trade policy, it is refunded.






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