Deemed Exports are supplies that do not leave country, are paid in Indian Rupees or in free foreign exchange, but are still deemed to have been exported, because they compete with the duty free imports. They are eligible for almost all benefits of physical exports but not for DEPB/FMS/FPS/SFIS and Sales Tax. The benefits of Advance Authorization / DFIA / EPCG (Export Promotion Capital Goods) and Drawback are available on inputs, while Exemption from or refund of Excise Duty is available on output.
The policy aims to create a level playing field for the domestic industry direct import by providing duty free inputs or exemption/refund of duty paid on goods manufactured in India. Deemed Export Scheme is primarily an instrument for import substitution.
The policy aims to create a level playing field for the domestic industry direct import by providing duty free inputs or exemption/refund of duty paid on goods manufactured in India. Deemed Export Scheme is primarily an instrument for import substitution.
It helps in creating manufacturing capability, value addition and employment opportunities in country.
EOU’s, BTP, EHTP, STP
Supplies to EOU, BTP, EHTP, STP from DTA (Domestic Tariff Area) are considered deemed exports. This gives rise to certain benefits to the suppliers to the EOUs etc. They can get the Advance Authorization for their imports for the purpose of supplies to EOUs. They can also get the drawbacks for their supplies.
The benefits can be taken by the suppliers or the EOU themselves.
The benefits can be taken by the suppliers or the EOU themselves.
What We Do
We Kessler Management Solutions assist you in assessing the feasibility of the scheme for your purpose, complete planning, costing at the stage of tendering etc. Then we assist in carrying out all the formalities, documentation, application preparations, representation and coordination with the relevant authorities till receipt of relevant Authorizations or Duty Drawbacks in the hands of the client. We Kessler Management Solutions can assist the suppliers to EOU or EOU themselves get the benefits of deemed exports like Drawback, Advance License, Excise refund etc. The job includes complete work of carrying out all the formalities, documentation, application preparations, representation and coordination with the relevant authorities to get the final benefit in the hands of the client.