EOU scheme obligations and duty free import rules clarified; DTA sale rights hinge on positive net foreign exchange and compliance. Chapter 6 defines the Export Oriented Unit (EOU) and allied park schemes, requiring export orientation and setting eligibility carve outs and investment criteria. It permits duty free import of goods and capital equipment (including second hand and leased assets) for approved activities, subject to actual user conditions. The Chapter prescribes DTA sale entitlements conditioned on achievement of positive Net Foreign Exchange (NFE), details LoP/LoI issuance and validity, cumulative NFE calculation, monitoring by Development Commissioners and Units Approval Committees, and lists fiscal entitlements and compliance obligations including procedures for subcontracting, inter unit transfers, disposal of unutilised material and exit/debonding mechanics.
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EOU scheme obligations and duty free import rules clarified; DTA sale rights hinge on positive net foreign exchange and compliance.
Chapter 6 defines the Export Oriented Unit (EOU) and allied park schemes, requiring export orientation and setting eligibility carve outs and investment criteria. It permits duty free import of goods and capital equipment (including second hand and leased assets) for approved activities, subject to actual user conditions. The Chapter prescribes DTA sale entitlements conditioned on achievement of positive Net Foreign Exchange (NFE), details LoP/LoI issuance and validity, cumulative NFE calculation, monitoring by Development Commissioners and Units Approval Committees, and lists fiscal entitlements and compliance obligations including procedures for subcontracting, inter unit transfers, disposal of unutilised material and exit/debonding mechanics.
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