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TMI BlogEOU Exit - after De-bonding Materials transferX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, We have apply application to DC for de-bonding of EOU unit . We have received NOC from Excise authority for Capital Goods RM,SFG FG . Now question is that can I sale or transfer Capital Goods , RM ,SFG after full duty payment at the time of de-bonding or fulfillment of Export Obligation . Please suggest and advice to us . Thanks and Regards, SN - Reply By Mahir S - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = Snehal ji, Raw materials, semi-finished and finished goods including containers suitable of repeated use lying in stock at the time of de-bonding can be cleared on payment of duty on their value at the time of import and at the rate of duty in force on the date of payment of such duty. - Reply By KASTURI SETHI - The Reply = I fully agree with Sh.Mahir S.Sir. - Reply By MARIAPPAN GOVIND ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ARAJAN - The Reply = I also agree. - Reply By Ganeshan Kalyani - The Reply = If some items are old and to be scrapped out will in that also the duty need to paid while clearing from EOU. - Reply By KASTURI SETHI - The Reply = Yes.Old and used capital goods have to be cleared on payment of duty to be calculated at depreciated value by straight line method. - Reply By Ganeshan Kalyani - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = Thanks Kasturi Sir. - Reply By Mahir S - The Reply = Sir, After exit from EOU, the unit becomes a normal manufacturing DTA unit. Hence, all the excise rules , regulations and procedures prescribed there are thereafter applicable to the unit, including for the sale of old and scrapped items. - Reply By Mahir S - The Reply = Respected Sirs, Thanx for the appreciation, - Reply By KASTUR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I SETHI - The Reply = Agreed with Sh.Mahir S. Sir. In a layman's language after exit, EOU loses its VIP status i.e. bonanza for all taxes and perks. thereafter, the unit is also called PBC (Production Based Control) unit.Just for information pl. - Reply By SNEHAL SHAH - The Reply = Thanks to all of you for best support guide . Regards, SNEHALSHAH - Reply By Mahir S - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanx and all the best Snehal ji.. - EOU Exit - after De-bonding Materials transfer - Query Started By: - SNEHAL SHAH Dated:- 13-1-2016 Customs - Import - Export - Customs - SEZ - Got 11 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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