Deemed exports, Marketing Research

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Deemed Exports: It refers to those transactions in which the goods supplied do not leave the country and the payment for such goods are made in India. The supply of goods shall be regarded as deemed exports provided the goods are manufactured in India. The categories of supply include: Supply of goods against duty free licences issued under the Duty Exemption scheme. supply of goods to Export Oriented units, Export processing zones, Software Technology Parks, Electronic Hardware Technology parks, etc. Supply of capital goods to holders of licences under the Export Promotion Capital Goods Scheme (subject to eligible benefits), Supply of goods' to projects financed by multilateral or bilateral agencies funds as notified by the Ministry of Finance. Supply of goods to any project or purpose in respect of which the Ministry of Finance permits the import of such goods at zero customs duty. Supply of goods to power, oil and gas sectors in case of notification duly approved by Ministry of and supply of goods qualifying as deemed exports.

i. Special Licence /Advance Intermediate Licence

ii. Deemed Exports Drawback Scheme

iii. Refund of Terminal Excise -Duty, and

 

 


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