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TMI BlogAmendments in the Hand Book of Procedure (Vol.1), 2004-2009X X X X Extracts X X X X X X X X Extracts X X X X ..... 232/AM07/PC II) Annexure A APPENDIX 14 I-O Guidelines for Conversion of Domestic Tariff Area (DTA) Unit into Export Oriented Unit (EOU)/ Electronic Hardware Technology Park (EHTP)/ Software Technology Park (STP)/ Bio-Technology Park (BTP) Unit Note: Please see paragraph 6.37.1 of the Handbook of Procedures DTA units intending to get converted into EOU/EHTP/STP/BTP unit will follow the procedure as below for such conversion:- (1) Apply to concerned Development Commissioner (DC) in a manner as applicable to new units. (2) After getting approval of the project and obtaining Letter of Permission (LOP) from DC, execute Legal Undertaking (LUT) in prescribed format with DC. (3) Thereafter, apply for private bonded licence to concerned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise Authority for execution of B-17 bond ; (vi) Raw material obtained under Advance Authorization, which is having valid export obligation period can only be carried over; Where export obligation period has expired, only course available is payment of duties, interest and penalty as applicable, proportionate to unfulfilled export obligation ; (vii) RA would accordingly process case for discharge of obligation and redemption of bond LUT executed against all the advance authorizations issued already. EPCG Authorization: (4) In case there is an outstanding export commitment under EPCG Scheme, it will be added to future export obligation by adding value of capital goods to the imported capital goods value of the EOU and all prev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... U (ii) That I/We _______________________________________________________ shall pay whatever penalties are imposed by the Development Commissioner under FT(DR) Act for non-fulfilment of the terms and conditions of Authorization (iii) That I/We____________________________________________________ shall adhere to the mode of payment of penalties, if any, and time frame in which penalties are required to be paid to the Director General of Foreign Trade without any demur or protest. Full and expanded description of The unit with full address. IN WITNESS WHEREOF the unit hereto has duly executed this agreement on ______________________________ this ______________________________ day of ___________________________200__ signed, sealed and deli ..... X X X X Extracts X X X X X X X X Extracts X X X X
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