Can anyone pls share any notifications, circulars or case laws based on Deemed exports (as per excise laws). Any contributuion towards this will be valuable.
Thanks in advance
1 Replies
CA Nitin Karmalkar
(Senior Associate)
(70 Points)
Replied 14 October 2011
Dear Ganesh,
I have 1 refference to the case law for deemed exports.
Citation - 2011 (270) ELT 101 (Tri. Mumbai)
Assesse can claim refund of CCR under Rule 5 for supplies to EOU (Deemed Exports) subject to goods must be actually exported by EOU.
Deemed export benefits to be availed by the supplier
-
All Industry Duty Drawback in case benefit not availed by EOU
-
Duty Drawback under Brand Rate Fixation route.
-
Suppliers can claim Advance Authorization / DFIA for their products manufactured & supplied to EOU
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Domestic Sales by the supplier will be counted towards discharge of E.O under EPCG scheme if availed.
Regards,
Nitin Karmalkar
M.No.9822610852
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