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Invalidation letter

This query is : Resolved 

03 September 2013 we have one local party who supply us inputs under invalidation and adv.lic and that is on payment of duty. how it is deemed export

05 September 2013 dear member,

As per para 8.2 of the Foreign Trade Policy for Deemed Exports, following ten categories of supplies (a to j) are eligible for Deemed Export benefits. Kindly consult us before submitting Tender to as-certain eligibility of “Deemed Exports” benefits.

"Holder of Advance Authorisation / Advance Authorisation for annual requirement / DFIA."


Advance Authorisation can be issued either to a manufacturer exporter or merchant exporter tied to supporting manufacturer(s): i) For Physical exports ii) For Intermediate supplies; and /or iii) For Deemed Exports. Advance Authorisation is subject to Actual User Condition. i.e. it cannot be transferred or sold. Advance Authorisation and/or materials imported thereunder shall not be transferable even after completion of export obligation.

Advance Authorisations are exempted from payment of following Duties:

Basic Customs Duty,
Additional Customs duty, Education Cess,
Anti dumping duty
Safeguard duty, if any.



more information link is:

http://www.cbec.gov.in/customs/cst2012-13/cs-gen/cs-gen22-24.pdf



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