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Please Explain - "Terminal Excise Duty"

2502 views 2 replies

Dear Experts,

Please explain the term "Terminal Excise Duty"  ?   how & why it levied.

And what is the procedure to get its refund. ?

please explain.

Regards

Sameer

Replies (2)

This is Central Excise duty only- just the Foreign Trade Policy uses the term refund of terminal excise duty on products used for deemed export under Chapter 8 of Foreign Trade Policy.

Thank you sir.


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