Benefits are are available except ted refund & duty drawback

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Querist : Anonymous

Querist : Anonymous (Querist)

23 October 2011 FOREIGN TRADE Policy provided the recipient of the goods does not avail CENVAT credit /rebate on such goods. Similarly, supplies will be eligible for deemed export drawback in terms of para 8.3(b) of Policy on the Central Excise paid on inputs /components, provided CENVAT credit facility/rebate has not been availed by the applicant. Such supplies will however be eligible for deemed export drawback on the customs duty paid on the inputs/components.

Please advice what other benefits any manufacturer intitled to procure except TED Refund & Duty Drawback?????????

Will a manucturer is intitled to import Duty Free using DFIA or DEEC Licence?

Pradeep Jain

Pradeep Jain (Expert)
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29 October 2011 As per Chapter 8, three benefits are available under deemed export benefit:-
1. Duty drawback;
2. refund of terminal excise duty; and
3.Advance authorisation/Advance authorisation for annual requirement/DFIA.

As you have referred 8.3(b), it means that the supply to EOU/SEZ etc. and all the benefits are available as per para 8.4.2 of Foreign trade policy.

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Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2011 Thanks Sir