9911796707
TMI BlogGUIDELINES 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) UNITX X X X Extracts X X X X X X X X Extracts X X X X ..... mmissioner (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, execute B-17 bond with concerned Customs/Excise authority. WHERE ADVANCE AUTHORISATION IS PENDING REDEMPTION (3.1) If the unit is having outstanding export commitment under advance authorization scheme, following procedure before execution of Bond with customs and Central Excise Authority needs to be adopted. (i) Approach concerned Customs Central Excise Authority and obtain certificate showing physical verification of unutilized material held in stock against all advance authorizations (not yet rede ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he 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 previous obligations under EPCG would cease to exist on such inclusion. ANNEXURE FORM OF LEGAL UNDERTAKING FOR CONVERSION OF DTA UNIT INTO EOU M/s ___________________________ _____________________ were granted Advance/ EPCG Authorization Nos._______________________________ dated ________________ for manufacture and export of _____________________________________ subject, inter-alia, to condition that they would achieve required export obligation as per pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... _____________________________________________ 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 ___________________________201__ signed, sealed and delivered by the unit in the presence of : 1 Name __________________________ Address___________________________ 2. Name ___________________________ Address__________________________ __________________________ (To be authenticated/af ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting approval of the project and obtaining Letter of Permission (LOP) from DC, execute Legal Undertaking (LUT) in prescribed format with DC. (3) 1 [ Deleted] WHERE ADVANCE AUTHORISATION IS PENDING REDEMPTION (3.1) 2 [ If the unit is having outstanding export commitment under advance authorization scheme, following procedure needs to be adopted : ] (i) Approach concerned Customs Central Excise Authority and obtain certificate showing physical verification of unutilized material held in stock against all advance authorizations (not yet redeemed) and such raw material as intended to be carried forward to EOU; (ii) Approach Regional Authority along with a copy of the following documents: (a) LOP/LUT executed with DC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d all previous obligations under EPCG would cease to exist on such inclusion. ANNEXURE FORM OF LEGAL UNDERTAKING FOR CONVERSION OF DTA UNIT INTO EOU M/s ___________________________ _____________________ were granted Advance/ EPCG Authorization Nos._______________________________ dated ________________ for manufacture and export of _____________________________________ subject, inter-alia, to condition that they would achieve required export obligation as per provisions of Duty exemption/EPCG Scheme. The unit filed a Bond with Bank Guarantee/ legal undertaking with President of India through Commissioner of Customs --------------------for achieving the above mentioned commitments. As against above commitments, the unit s a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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