Policy Circular No 6 (RE-01)/ 2001-2002 Dated: 26th July, 2001
- Document type
- Circular
- Reference no.
- E
- Dated
Procedural Simplification in the filing of payment certificate for availing of deemed export benefits
Procedural Simplification in the filing of payment certificate for availing of deemed export benefits
- Sub:
- Procedural Simplification in the filing of payment certificate for availing of deemed export benefits
However based on various difficulties faced by deemed exporters in cases where the supplies were being made to different entities and the need for procedural simplification, a suitable amendment was carried out in the Handbook of Procedures (Vol 1) {as amended upto 31.03.2001}. The suppliers were given an option of filing a payment certificate pertaining to supplies to a particular project or all the projects during the month/ quarter/ half year.
This amendment was merely for simplifying the procedure for the filing of deemed export claims especially in cases involving a large number of supplies to different project authorities and would be applicable to all such deemed exports effected prior to 01.04.2001 as well.
This issues with the approval of the DGFT.
Bipin Menon
Dy Director General of Foreign Trade