Guideline for monitoring performance of EOUs - Central Excise Practice Manual (OLD) - Central Excise

Guideline for monitoring performance of EOUs The HOP Vol.I provide that performance of EOU units shall be monitored by the Units Approval Committee as per the guidelines given in Error! Hyperlink reference not valid. Error! Hyperlink reference not valid . on six monthly basis i.e. April-September each year to be completed in the following quarter on the basis of QPRs/APR to be furnished by the EOUs. The formats of QPR/APR have been prescribed in the LUT at Appendix 14-I-F . It also provides that review of NFE of EOU would be conducted by the Unit Approval Committee. Prior to 23-8-2010, a system of joint monitoring of EOU by Development Commissioner and concerned Assistant Commissioner of Customs was in place. Appendix 14-I-G of the HOP has been amended vide PUBLIC NOTICE No. 04/2010(RE-2009-14), dated 23-8-2010 to provide that monitoring of the EOU would be done by Unit Approval Committee. As per the monitoring guidelines prescribed in Appendix 14-I-G of the Handbook of Procedures, the position is as under:- No Action for shortfall in achievement of NFE in 1st and 2nd year If there is shortfall in achieving the NFE as per norms in EOU/SEZ Scheme at the end of 1 st and 2 nd year. No show cause notice under FT (D R) Act shall be issued and the units would be kept under watch.