![]() ![]() The goods that are eligible for being considered as deemed exports receive the following benefits: Goods that are supplied for projects that are funded by bilateral or multilateral agencies. Goods that are supplied for UN projects as well as nuclear power projects.If capital goods are supplied to a recipient who is a holder of an Export Promotion Capital Goods Authorisation (EPCG scheme), the transaction qualifies as deemed export.Transactions made against Duty-Free Import Authorisation (DFIA).If a person registered under GST supplies goods to an Export Oriented Unit (EOU)/ Electronic Hardware Technology Park Unit (EHTP) / Software Technology Park Unit (STP) / Bio-Technology Park Unit (BTP).If the goods are supplied to a party that has an Advance Authorisation (AA)/ Advance License, such a transaction qualifies as a deemed export. ![]() In addition to these conditions, the supply of goods to the following is treated as Deemed Export:. A full refund on this tax can be claimed. The GST levied on the goods should be paid at the time of supply. ![]()
0 Comments
Leave a Reply. |