Benefits are are available except ted refund & duty drawback

This query is : Resolved

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)
Follow

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.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2011 Thanks Sir

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

31 October 2011 for more information link is:

https://www.caclubindia.com/share_files/comprative-incentive-among-sez-eou-and-general-unit--23721.asp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Lalan Kumar Jha

Sabyasachi Mukherjee

Poojitha Raam Vinay

Mukesh Singh

Krishna Kumar A

Subscribe Now

Benefits are are available except ted refund & duty drawback

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

Accountant

Senior Executive