Policy Circular No. 15 /2009-2014 (RE 2012) Dated: 21st
Feb, 2013
Subject:- Clarification regarding deemed export benefits for supply against ARO/Invalidation
letter against Advance Authorisation – reg.
Policy Circular No.9/2009-14 dated 1.10.2009 had clarified that supply of
goods against Advance Release Order (ARO) is eligible for refund of duty
drawback only and not for Terminal Excise Duty (TED) and supplies against
invalidation letter is eligible for Advance Authorisation and TED refund.
2. The matter has been further examined in this Directorate. Benefits available
against ARO/invalidation letter in respect of Advance Authorisation are as
under:
A. For supply against ARO :
(i) Refund of Duty drawback
(ii) Refund of TED
B. For supply against invalidation letter against Advance Authorisation (AA) :
(i) Ab-initio exemption from TED. (hence there would be no question of refund of
TED).
(ii) AA/DFIA for intermediate supply.
3. This issues with the approval of DGFT.
Sd/-
(Jaikant Singh)
Jt. Director General of Foreign Trade
(Issued from File No.01/94/180/451/AM12/PC-4)
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