Deemed Exports
The Indian suppliers are entitled for the following benefits in respect of deemed exports:
- Refund of excise duty paid on final products Duty drawback
- Imports under DEEC scheme
- Special import licenses based on value of deemed exports
Manufacture Under Bond
This scheme furnishes a bond with the manufacturer of adequate amount to undertake the export of his production. Against this the manufacturer is allowed to import goods without paying any customs duty, even if he obtain it from the domestic market without excise duty. The production is made under the supervision of customs or excise authority.