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 |