Includes
those transactions in which goods supplied do not leave
Country and payment for such supplies is received either
in Indian rupees or in free foreign exchange.
Benefits for Deemed Exports
Eligible for (As per para 8.3 of FTP)
| a) |
Supply
of goods against Advance Authorisation / Advance
Authorisation for annual requirement / DFIA. |
| b) |
Deemed Export Drawback. |
| c) |
Exemption from
Terminal Excise Duty where supplies are made against
ICB. In other words, refund of terminal excise
duty will be given. |
|
