Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Can EOU get FPS , FMS , MLFPS benifit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Can EOU get FPS , FMS , MLFPS benifit
Query (Issue) Started By: - SNEHAL SHAH Dated:- 4-4-2015 Last Reply Date:- 7-4-2015 Customs - Exim - SEZ
Got 2 Replies
Customs
Dear sir, As per New FTP 2015-2020 Can EOU get FPS , FMS and MLFPS benefit ? If yes , what condition will be imposed in FTP . Thanks and Regards, SNEHAL SHAH Reply By YAGAY AND SUN: The Reply: Dear Snehal, All these .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... FPS, FMS and MLFPS has been subsumed in MEIS. According to the para 3.06 of the FTP 2015-2020 following are the ineligible categories under MEIS. 3.06 Ineligible categories under MEIS The following exports categories /sectors shall be ineligible for Duty Credit Scrip entitlement under MEIS (i) EOUs / EHTPs / BTPs/ STPs who are availing direct tax benefits / exemption. (ii) Supplies made from .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DTA units to SEZ units (iii) Export of imported goods covered under paragraph 2.46 of FTP; (iv) Exports through trans-shipment, meaning thereby exports that are originating in third country but trans-shipped through India; (v) Deemed Exports; (vi) SEZ/EOU/EHTP/BPT/FTWZ products exported through DTA units; (vii) Items, which are restricted or prohibited for export under Schedule-2 of Export P .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... olicy in ITC (HS), unless specifically notified in Appendix 3B. (viii)Service Export. (ix) Red sanders and beach sand. (x) Export products which are subject to Minimum export price or export duty. (xi) Diamond Gold, Silver, Platinum, other precious metal in any form including plain and studded jewellery and other precious and semi-precious stones. (xii) Ores and concentrates of all types and .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in all formations. (xiii) Cereals of all types. (xiv) Sugar of all types and all forms. (xv) Crude / petroleum oil and crude / primary and base products of all types and all formulations. (xvi) Export of milk and milk products. (xvii)Export of Meat and Meat Products. (xviii)Products wherein precious metal/diamond are used or Articles which are studded with precious stones. (xix) Exports mad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e by units in FTWZ. This is for your kind information. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) Reply By SNEHAL SHAH: The Reply: Sir , First Thanks to you for reply . Can EOU Job work of DTA materials ( Purchase under advance license ) , if yes what procedure . Thanks and Regards, SNEHAL SHAH
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates