10.10

(a) Supplies under category mentioned in paragraphs 10.2 (e) of the Policy shall be for the plants being set up at Kakinnada, Gadepan, Babrala and Shahjahanpur and those which may have been set up or expanded/ revamped/ retrofitted/ modernised during the Eighth Plan period, provided such supplies are made under the procedure of International Competitive Bidding. Supplies of capital goods (excluding office machines howsoever described) and spares upto 10% of the FOR value of such capital goods alone shall be eligible for the deemed export benefits.

(b) The benefit of deemed exports shall also be available in respect of supplies of capital goods and spares to fertilizer plants which are set up or expanded/ revamped/ retrofitted/ modernised during the Ninth Plan provided such supplies are made under the procedure of International Competitive Bidding, without reference to bid evaluation methodology. The domestic supplier, under paragraph 10.2(e) of the Policy, shall be eligible for the benefits listed in paragraphs 10.3(a) and (b) of the Policy.

(c) The benefits of deemed exports under the provisions of para 10.2 (f) of the Exim Policy 1997-2002, would be granted for the supplies of Goods specified in List 19 , covered under categories specified in S.No 247, 249 and 250 in Customs Notification No 17/ 2001 dated 01.03.2001 (read with condition nos 49, 51 and 52of the said notification), required in connection with petroleum operations undertaken under Petroleum Exploration Licences or mining leases as the case may be, issued or renewed after 01.04.1999 and granted by the Government of India or any State Government to the Oil and Natural Gas Corporation or Oil India Limited on nomination basis, and petroleum operations undertaken under specified contracts including those under New Exploration Licencing Policy, shall be regarded as “Deemed Export” under the said policy, provided the goods are manufactured in India, and shall be eligible for deemed export benefits given under para 10.3 of the Policy.

(In above para (c) has been amended vide PN.No. 43(RE-01), DT. 19/10/2001.)

(This para confers DEEMED EXPORT benefits to a specific mode of supply as enunciated in Public Notice No 1(FT)/DEA/2001 dated 23.05.2001 of the Department of Economic Affairs)

(Above (c) has been added vide P.N. No. 27(RE-01), Dt. 05/07/2001.)