GOVERNMENT OF
MINISTRY OF COMMERCE &
INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN
TRADE
Policy Circular
No. 15
(RE-2005)/2004-2009 Date:
4th July’2005
Subject: Reimbursement of education cess paid on excise duty/terminal excise duty in case of
supplies made under deemed exports.
In terms of Para 8.3(b) & (c) of Foreign trade Policy 2004-09, supplies made under deemed
export are eligible for deemed export drawback and refund of terminal excise
duty subject to fulfillmet of conditions mentioned
against the relevant provisions.
Representations have been
received suggesting re-imbursement of education cess
paid along with excise duty / terminal excise duty in respect of such supplies.
The matter has been examined. It is accordingly clarified that in respect of
supplies made with effect from 18.01.2005 education cess paid along with excise duty may also be reimbursed in
the form of duty drawback & Terminal excise duty, as the case may be subject
to fulfillment of all other requirements/provisions of deemed
exports.
This issues with the approval of competent
authority.
(P.K.Santra)
Dy. Director General of Foreign
Trade
For Director General of Foreign
Trade
(Issued from F.N
o.01/92/180/92/AM’05-PC.II)
To
All Licensing
Authorities
Development Commissioners of SEZs