New Relaxations for EOUs and Gem/Jewellery Export Schemes: Simplified De-bonding, Inter-Unit Transfers, and Duty-Free Import Limits.
The circular outlines procedural relaxations under the Export Oriented Units (EOU) and Gem and Jewellery Export Promotion Schemes. Key changes include simplified de-bonding procedures for EOUs, clarification on the definition of "similar goods" for Domestic Tariff Area sales, and streamlined site verification processes for EOUs. It removes the requirement for an Advance Release Order for goods supply to Advance License holders and introduces a simplified procedure for inter-unit transfer of manufactured goods. The circular also allows sharing of specified goods between units of the same owner, amends import procedures for DG sets, and revises the issuance of re-warehousing certificates. Additionally, it addresses the re-import of rejected jewellery and increases the duty-free import limit for gem and jewellery samples.
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