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Special Exemption – EOU / STP etc.

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..... - 1. Notification No. 24/2003-CE: Exemption from excise duty to goods manufactured by EOU's. This notification provides, exemption to all goods produced or manufactured by EOU's from whole of excise duty leviable thereon under Central Excise Act with respect to basic duty, additional duty (Goods of Special Importance) and additional duty (Textiles and Textile Articles). This notification .....

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..... oods as specified in the first schedule to the Central Excise Act, produced and manufactured by EOU's/ EHTP/ STP, from the whole of the duty leviable thereon under Central Excise Act with respect to basic duty, additional duty (Goods of Special Importance) and additional duty (Textiles and Textile Articles) cleared for exports, subject to the conditions as mentioned in this notification. 4. No .....

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..... lso require to furnish the evidence with AC that containers have been sold within the specified time. Other Notifications are 1. Notification No. 34/2006-CE:Exemption to hotel or stand alone restaurant and other service provider under Served from India Scheme . This notification provides, exemption to hotel or stand alone restaurant and service provider from the whole of the duty l .....

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..... excise leviable thereon which is specified in the said Schedule, subject to the conditions and procedure as specified in this notification. Meanings of some terms: - 1. Export Oriented undertaking (EOU) - EOU has the same meaning as assigned to "100% export oriented undertaking" in clause (ii) to the Explanation of sub-section (1) of section 3 of the Central Excise Act, 1944 ( 1 of 19 .....

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..... iented undertaking, Software Technology Park units and Electronic Hardware Technology Park units. 5. Foreign Trade Policy - 'Foreign Trade Policy' means the Foreign Trade Policy, 1st September, 2004-31st March, 2009 published by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2004-09, dated the 31st August, 2004, as amended from time to time - Ma .....

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