Definicja deemed export

Co znaczy DEEMED EXPORT:

A sale of goods, in India, to a company that qualifies as an export-oriented unit or is located in one of the following:

Export processing zone Electronic hardware technology park Software technology park

Such companies export most of their goods; and so any goods that you sell them are liable to be used in the production of goods for export, hence the term "deemed export."

Under the terms of the deemed exports scheme, these companies can obtain licenses that exempt them from payment of basic excise duty on certain input materials.