Scheme for Deemed Exports free foreign exchange


Ministry

Ministry of Communication and Information Technology Schemes

Description

Under this scheme, "Deemed Exports" refer to those transactions in which goods supplied do not leave the country and payment for such supplies are received either in Indian rupee or in free foreign exchange.

Sponsored By

Central Government of India

Objective

It aims to provide payment for goods received in Indian Rupee or in free foreign exchange

Eligibility

All the licensed exporters

Beneficiaries

All the licensed exporters

Benefits

Advance authorisation/Advance authorisation for annual requirement/DFIA Deemed Export Drawback

Exemption from terminal excise duty where supplies are made against ICB. In other cases, refund of terminal excise duty will be given.

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to

To Directorate General of Foreign Trade (DGFT)

Status

Active

Sector

Communication And Informaton Technology



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