Andees Consulting Exports and Imports
Andees Consulting
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Andees Consulting
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Andees Consulting

Andees Consulting

Andees Consulting
Andees Consulting
Andees Consulting
 
PROJECTS
Projects can get benefited under the following schemes:
Project Imports
Initial Setting up of Industrial Plants, Irrigation Projects, Power Projects, Mining Projects, Oil Exploration Projects and certain other projects as notified by the government can get the benefits of Project Imports Scheme. Under the all goods being imported for the purpose can be assessed under one heading thus obviating any disputes with customs with regard to their classification.

Concessional Duty : Effective duties for the project are lower than the normal and depends on the kind of Project. For Industrial Projects/ Non Mega Power Projects etc. , all items covered under the Project Imports now attracts only 5% Basic Customs Duty. In addition CVD + ACVD + CESS is leviable which makes the total duty to approx. 22.853%. As against a normal total of 25.852% this offers a saving of approx. 3%.

EPCG can also be availed of along with the Project Imports. This simultaneous availment of two schemes can lower the export obligations under EPCG scheme.

Deemed Exports:
Supplies to following projects are considered as deemed exports and they get the benefits as follows:
  • Mega Power Projects
    Mega Power Projects where International Competitive Bidding procedures have been followed at the IPP or at EPC stage can get the benefit of Deemed Exports for their domestic procurement. The benefits could be in the form of Advance Authorization, or Duty drawback on the inputs. The benefits can be availed by the Contractor/Sub-contractors or other suppliers. In addition the Mega Power Projects can get the benefits of excise duty refunds exemption or refunds also. The benefits can be taken by the suppliers or the Project owners themselves.
     
  • Projects funded by World Bank/IBRD/IDA/IFAD/ADB/JICA/OPEC/SIDA/UN agencies
    Projects funded as above where ICB procedures have been followed can get the benefit of Deemed Exports for their domestic procurement.
    The benefits could be in the form of Advance Authorization, or Duty Drawback on the Inputs and Excise Duty Refunds on the outputs. The benefits can be availed by the Contractor/Sub-contractors or other suppliers. The benefits can be taken by the suppliers or the Project owners themselves.
  • Other purposes like Oil Exploration businesses for which duty free imports are allowed

    Supplies to Projects as above where ICB procedures have been followed can get the benefit of Deemed Exports for their domestic procurement.

    The benefits could be in the form of Advance Authorization, or Duty Drawback on the Inputs and Excise Duty Exemption on the outputs. The benefits can be availed by the Contractor/Sub-contractors or other suppliers. The benefits can be taken by the suppliers or the Project owners themselves.
What We Do
We consult and undertake all the formalities, documentation, representation with authorities etc., to get you the approvals under Project Import Schemes, and take care of all other formalities related to the same.

In case of deemed exports we assist in assessing the feasibility of the scheme for your purpose, complete planning, costing at the stage of tendering etc. Then we assist in carrying out all the formalities, documentation, application preparations, representation and coordination with the relevant authorities till receipt of relevant Authorizations or Duty Drawbacks in the hands of the client.
Andees Consulting

 Corp. Off.:

ANDEES CONSULTING
A-9 , (IInd Floor ), Chittranjan Park
New Delhi -110019
Tel: +91-11- 41600470
Fax: +91-11- 26272255
Mail: andees@vsnl.net

Branch Off.:
Chennai - 09840077073
                 044-65550481
Mumbai -  022-65291784
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