Difference between Deemed exporters/Project exporters/service exporters in India

Who is a deemed exporter. What is called project exports? Who comes under service exporters.

Who are Service exporters:

If an exports through a merchant exporter or manufacturer export, we can see the Difference between Deemed exporters   export product tangibly. But there are many servicing industry where we can not see the product physically, but helps to earn foreign exchange. A best example of service exporter is those who export software. Here while selling software to other countries, our country earn foreign exchange. Tourism, Software, Health Care, Consultancy, Hotels, etc. are other examples for service exports.

What is Project Exports:

Difference between Deemed exporters Project exporters service exporters in India copy There are many professional companies undertake contracts for Designing, manufacturing, supply, erection, commissioning, etc. When they earn foreign currency on their sale, they falls under Project exporters and eligible of all assistance and support as project exports.

What is Deemed Exports:

Difference between Deemed exporters 3 In deemed exports, goods supplied do not move out of country, and payment for such supplies is received either in Indian Rupees or in free foreign exchange. You may have a doubt now that if the goods are not crossing the border of country, how can we treat as an exports?. In deemed exports, some of the other way the transaction boost to earn foreign exchange . Deemed exporters are also eligible government assistance within the parameters of earning foreign exchange.  Also read Which category of exporter are you? Merchant Exporter,Manufacturer exporter,Service exporter Project Exporter or Deemed Exporter

I hope, you have satisfied with the clarification on the difference between service exporters/deemed exporters/project exporters.

The above information is a part of Online Training Course on howtoexportimport

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 The information provided here is part of Import Export Training course online


Comments


Mayank sharma : i visited your website and got a very important information regarding starting of import export firm. sir i have some quires particularly for packed food items such as rice,sugar and other grocery items export to Australia.please guide me for that.i will be very thankful to you sir . I want to do just trading.

Rakesh Chorge: What is diffrent in duty rebate & Duty drawback

Sajith: I would like to know what physical export is. and the difference between physical and deemed export.

YEGNA RAMAN: Under Deemed Exports ,it is said that payment for deemed exports can be received in Rupees as well.When exports are paid in rupees other than transfer from a Rupee account of a Foreign Bank (Vostro),how such supplies are treated as Exports?

jayant Mishra : I jayant Kumar wants to know how deemed export .can I get deemed export license,who is eligible for deemed export and how is it possible for me

Shaheen Rawoot: please explain deemed imports, and how do we identify a deemed imports. what is the difference between deemed imports and deemed exports.

Ganesh K: Need to claim BCD for a deemed export through drawback, whom should i approach, DGFT or Customs for drawback. Have availed CENVAT credit for this deemed exports. Please advice

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