100% eou supply to dta without duty against pac

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This query is : Resolved

D Rajendran (Querist)

05 November 2011 Sir/Madam,

We are a 100% Export Oriented Unit. And we sell portion of our production to DTA Sales.
Are we eligible to sell our product without Excise Duty against 'Project Authority Certificate' Received from Customer ???.

The 'Project Authority Certificate' has been issued under the notification No. 21/2002 dated 01.03.2003.

We doubt that we take raw materials without Duty (From Import & Domestic Suppliers) and hence we may not be eligible to avail the Excemption against the PAC.

If some one can clarify this, that will be an great help for us.

Thanks,
D.Rajendran

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

05 November 2011 REFER TO HAND BOOK OF PROCEDURES AS PER 6.5.1 EOU UNIT CAN IMPORT THE GOODS AFTER PRE- APPROVAL FROM OFFICE OF CONCERNED DEVELOP COMMISSIONER OF REGIONAL.

In respect of supplies under categories mentioned in paragraphs 10.2 (d) (e), (f), (g) and (h) of the Policy, payment against such supplies shall be certified by the Project Authority concerned, as prescribed in form given in Appendix 14-B. However, supplies to the projects funded by such agencies alone, as may be notified by Department of Economic Affairs, Ministry of Finance, shall be eligible for deemed export benefits. A list of such agencies/funds is given in Appendix-40.

FOR MORE INFO:

https://exim.indiamart.com/indian-exim-policy/handbook-procedures1-deemed-exports.html

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