9911796707
TMI Blog100% Export Oriented Units and Export Oriented Units in Export Processing Zones/Free Trade Zones - amendments regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... f the EXIM Policy and Handbook of Procedures and agreed to, by our Department have necessitated amendments in notifications, governing standalone 100% EOUs including units of EHTP, STP, Agriculture/Floriculture Aquaculture sector Export Processing/Free Trade Zones, and units in EHTP/STP Complexes. These notifications have been amended vide Notification No. 65/99-Cus, dated the 19th My, 1999 and No. 25/99CE, dated the 19th May 1999 (copies enclosed). The salient features of the amendment are as under. A. DTA Sales Hitherto, clearance of the finished goods rejects into DTA, on payment of appropriate duty is allowed as a stipulated percentage of value of production. The scrap/waste/remnants upto a fixed percentage is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ho have failed to - (a) install or use or re-export the capital goods within a period of one year from the date of importation or procurement or within the extended period as may be allowed by the Assistant Commissioner; (b) Use or re-export the capital goods within a period of one year from the date of importation or procurement or within the extended period as may be allowed by the Assistant Commissioner; (c) to export the manufacured/produced/packaged goods within one year or within such extended period as permitted by the AC, from the date of importation or procurement of imported or indigenous goods. For further details, notification may be referred to. The above extensions may be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... It has now been provided that, the goods sent out for jobwork from the EOU/EPZ (except STP, agriculture or aquaculture sector) units, may be exported directly from the jobworker's premises provided the scrap, waste or remnants generated during the processing, is either returned or cleared on payment of appropriate duty. The existing instruction for permitting sub-contracting may be followed but export from the jobworrker's premises may only be permitted when the same is registered under rule 174 of the Central Excise Rules, 1944. A sample of goods exported may be sent to the parent unit for checking whether the goods supplied by the unit, are utilised by the jobworker, in the product under export. H. Assistant Commissioner to a ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
