Government of India
Ministry of Commerce and Industry
Department of Commerce
Udyog Bhawan
Notification No.28 (RE-2010) /2009-2014
New Delhi, the 1st March, 2011
Subject: Amendment in Para 8.5 of FTP
S.O (E) In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign
Trade Policy, 2009-2014, the Central Government hereby makes the following
amendments in Foreign Trade Policy, 2009-2014 (RE 2010).
Amendment of paragraph 8.5 of FTP relating to Terminal Excise Duty (TED) and
Duty Drawback
Existing Paragraph 8.5
“Supply of goods will be eligible for refund of terminal excise duty in terms of para 8.3 (c) of FTP, provided recipient of goods does not avail CENVAT
credit/rebate on such goods. Similarly, supplies will be eligible for deemed
export drawback in terms of para 8.3 (b) of FTP on Central Excise paid on
inputs/components, provided CENVAT credit facility/rebate has not been availed
by applicant. Such supplies will however be eligible for deemed export drawback
on customs duty paid on inputs/components.”
Amended paragraph 8.5 {Additions have been shown in bold letters}
“Supply of goods will be eligible for refund of terminal excise duty in terms of
Para 8.3(c) of FTP, provided recipient of goods does not avail CENVAT
credit/rebate on such goods. A declaration to this effect, in Annexure II of ANF
8, from recipient of goods, shall be submitted by applicant. Similary, supplies
will be eligible for deemed export drawback in terms of para 8.3 (b) of FTP of
Central Excise duty paid on inputs/componets, provided CENVAT credit /rebate has
not been availed of such duty paid by supplier of goods. A declaration to this
effect, in Annexure III of ANF 8, from supplier of goods, shall be submitted by
applicant. Such supplies shall however be eligible for deemed export drawback on
customs duty paid on inputs/components.”
Effect of this amendment
These amendments clarify on the declarations required to be given for claiming
TED and drawback refund. The phrase “supplier of good” has been inserted in
place of “applicant” in respect of the Deemed Export Drawback claim.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: [email protected]
(Issued from F.No. 01/92/180/74/AM 11/PC VI)