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of <h1>Amendments to EOU/EPZ Scheme: Revised Duty-Free Import Rules, ITA-I Tariffs, Depreciation Norms, and Compliance Guidelines.</h1> The circular issued by the Director General of Foreign Trade outlines several amendments to the EOU/EPZ Scheme under the Export and Import Policy, 2002-07. Key changes include the correction of procedural guidelines for accounting duty-free imports and sales, the introduction of tariff changes for ITA-I items in the DTA, and revised depreciation norms for capital goods. The circular also updates various appendices, including those related to legal agreements, performance monitoring, and DTA sales guidelines. Additionally, it specifies the criteria for annual monitoring and penal actions for non-compliance with export obligations. These amendments aim to streamline procedures and ensure compliance with the export policy.
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