7.04
- Document type
- Policy
- Dated
Benefits to the Supplier /Recipient
7.04
Benefits to the Supplier /Recipient
| Categories of supplies as per Para 7.02 | Benefits on supplies, as given in Para 7.03 above, whichever is applicable. | ||
| Para 7.03(a) Advance Authorisation | Para 7.03(b) Duty Drawback | Para 7.03 (c) Terminal Excise Duty | |
| (a) | Yes (for intermediate supplies against an invalidation letter) | Yes (against ARO or Back to Back letter of credit) |
(i) Exemption, in case of Invalidation Letter (ii) Refund, in case of ARO or back to back letter of credit (iii) No exemption/ refund against supply to DFIA as CVD is not exempted |
| (b) | Yes | Yes | Exemption |
| (c) | Yes | Yes | Refund |
| (d) | No | Yes | Refund |
| (e) | Yes | Yes | Exemption |
| (f) | Yes | Yes | Exemption, if supplies under ICB. Refund, if supplies under tariff based competitive bidding. |
| (g) | Yes | Yes | Exemption |
| (h) | Yes | Yes | Refund |