Excise duty on spare parts 6,76,075
2. Customs duty paid on imports for export purposes for 22,46,88,464
which exports ... entitled to receive duty drawback on accrual basis as sales entitling duty drawback had already been completed and vehicles exported. The AO will allow this
respect of 'deemed duty drawback' and appellant, the 'deemed
not 'duty drawback'. export drawback' was,
it is submitted ... Chapter 6.11 (a) of the
exemption in respect of 'deemed duty Indian Export Import
drawback'as against 'duty draw back' Policy
contention of the assessee that the
amount was not payable as export duty and could not be
disallowed ... contention of the assesee that the amount was not payable as export duty and
could not be disallowed
case in this respect are that the assessee claimed deduction of export duty amounting to Rs. 33,58,722/- on the ground that the assessee ... India. The assessee challenged legality and validity of imposition of such export duty before the Hon'ble Allahabad High Court. The matter was carried
components for 42,961
Exports for purposes for which export had not
been made by year end
3 Customs Duty paid on import of components ... Exports purposes for which export had been
made by year end
4 Excise duty on Inputs balance in RG 23A Part
value of the exports made by each of the exporters. If an assessee, who is an exporter, exports and its export turnover ... less that of duty draw back. The only difference is that in duty draw back the assessee makes payment of duty and then allowed refund
Credit Scrip at prescribed percentage of FOB value of
exports is issued to the exporter. Duty credit scrip is a license to
import commodities ... direct but only incidental.
The industrial undertaking exports processed sea food. By reason of such
export, the Export Promotion Scheme applies. Thereunder, the assessee
that duties paid by the assessee
are allowable only on payment basis, custom duty paid by the
assessee on import of components for export purposes ... automatically on
export of goods since the exporter is required to fulfill various
conditions/ requirements in order to claim the same. Duty
drawback accrues only
that duties paid by the assessee
are allowable only on payment basis, custom duty paid by the
assessee on import of components for export purposes ... automatically on
export of goods since the exporter is required to fulfill various
conditions/ requirements in order to claim the same. Duty
drawback accrues only
respect of the exporters whose export turnover does not exceed
Rs.10 crore. However, for exporters having export turnover exceeding Rs.10
crore, profits arising ... exporter on import of goods required to manufacture exportable goods. If an
exporter were already availing another export incentive scheme like the Duty
Drawback scheme
