while reimbursing those taxes.
It is an admitted fact that no deemed exports benefits were availed by the
petitioner/employer in view of the specific ... documents by recording a finding to the effect that the deemed export
benefit pertains to all the supplies in respect of the project and were
entitled to duty drawback, confined to customs duty component,
against deemed exports, even where it has claimed cenvat credit.
2.1. The concomitant issue which ... claimed duty drawback qua custom duty component, on the premise that
deemed export had taken place.
5.1. An application, in this behalf, was filed
according to the petitioner, supplies made to EOUs are
classified as deemed export under the Foreign Trade Policy 2009-2014 (in
short ... provide
impetus to export either by direct physical export or via the deemed export
route. In case refund of TED is not given qua deemed
contra,
that the supplies by Holoflex to Nokia constituted "deemed exports"
under the FTP and that, in respect of deemed exports, Para ... deemed exports". She submits that supplies to the SEZ constitute
"exports", and not "deemed exports". Fulfilment of export obligation
National Highways Development Project (NHDP), were eligible for
classification as "Deemed Exports". Among the benefits available to a
supplier of goods under ... deemed exports" scheme was the entitlement to
refund of the excise duty element in the value of manufactured goods
supplied by it. A bidder
respect of the income earned from the following
receipts:
(a) Deemed Export Drawback (Export Incentives) Rs. 1,22,25,214/-
(b) Customer Claims ... order agreed with the contention of the
Assessee as regards the deemed export drawback forming part of the income
eligible for deduction under Section
Export Policy itself.
Numerous arguments were advanced but two main points were raised, namely,
that the export by the assessee was a "deemed export ... deeming provision in one enactment cannot be imported into another enactment.
The assessee had sought to import the expression "deemed export" as applicable
also provides for certain exemptions. Chapter 8
specifically provides for "deemed exports" specified therein with
reference to those transactions in which though ... refineries under procedure for
International Competitive Bidding are qualified as "deemed export".
Paragraph 8.3 of FTP provides for various benefits available
which provides various benefits in relation
to „deemed exports‟. This refers to those transactions in which
goods supplied do not leave the country, but fiscal ... supply of
cement and steel would not be eligible for deemed export
benefits. This view was reiterated in the PIC meeting dated 9th
September
price consequent to
withdrawal of Deemed
Export Benefits for Road
projects
Interest @ 12% per Rs. 50,27,703
annum, compounded
monthly
2.3 Additional costs ... finding on Claim No.2.2, i.e.,
withdrawal of deemed export benefits ('DEB'). It may be mentioned here
that to the extent
