Letter of Permission under EOU Scheme: authorises production subject to export obligation and compliance conditions. The Appendix provides the Letter of Permission template under the EOU Scheme authorising specified production and job work exports, subject to conditions: an export obligation for five years from commencement, achievement of positive Net Foreign Exchange for the block period, compliance with import/local purchase restrictions, notification of commencement, execution of a prescribed Legal Agreement, two year validity for implementation, and acceptance within 45 days, with cancellation possible for non compliance.
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Letter of Permission under EOU Scheme: authorises production subject to export obligation and compliance conditions.
The Appendix provides the Letter of Permission template under the EOU Scheme authorising specified production and job work exports, subject to conditions: an export obligation for five years from commencement, achievement of positive Net Foreign Exchange for the block period, compliance with import/local purchase restrictions, notification of commencement, execution of a prescribed Legal Agreement, two year validity for implementation, and acceptance within 45 days, with cancellation possible for non compliance.
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