Procedure for duty draw back on deemed export

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This query is : Resolved

ABHISHEK BANSAL (Querist)

04 November 2011 Very Urgent :

Can any one explain the Detaild Procedure and documents required for claiming / filiing of Duty Draw Back on Deemed Export of Products.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

04 November 2011 “An application in ANF 8, along with prescribed documents, shall be made by Registered office or Head office or a branch office or manufacturing unit of supplier to RA concerned. Where applicant is branch office or manufacturing unit of a supplier, it shall furnish self certified copy of valid RCMC. Recipient may also claim drawback benefits on production of a suitable declaration from supplier, in the format given in Annexure III of ANF 8. In case of TED refund, a declaration, in the format given in Annexure II of ANF 8, regarding non-availment of CENVAT credit, shall be given, by the recipient of goods, in addition to other prescribed documents.” Vide DGFT PUBLIC NOTICE No.35/(RE 2010)/2009-14, DT.01-03-2011.

(i) An application in ANF 8 along with prescribed documents, shall be made by supplier to RA concerned.
Recipient may also claim benefits on production of a suitable disclaimer from supplier along with a self declaration in the format given in Annexure II of ANF 8, regarding non-availment of CENVAT credit in addition to prescribed documents.

(ii) In case of supplies under paragraphs 8.2(a), (b) & (c) of FTP, claim shall be filed against receipt of payment through normal banking channel as in Appendix 22B. Claims should be filed within a period of twelve months from the date of payment. In cases where payment is received in advance, last date for submission of application may be correlated with date of supply instead of date of receipt of payment. Claim can be filed ‘Invalidation Letter / ARO wise’ against individual Authorisations within the time limit as specified above. 100% TED refund may be allowed after 100% supplies have been made physically and payment received least up to 90%. However, grant of deemed export duty drawback will be limited to the extent of payment received.

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