Conversion of DTA units to export-oriented status requires approval, legal undertaking and bonded licence; pending authorisations managed accordingly. Conversion of DTA units into EOU/EHTP/STP/BTP requires project approval and Letter of Permission, execution of a Legal Undertaking with the Development Commissioner, and obtaining a private bonded licence from Customs/Central Excise via a B-17 bond. Outstanding advance authorizations require customs stock verification, submission to the Regional Authority for calculation of unfulfilled export obligation within the valid period, RA no-objection endorsement before bond execution, and payment of duties, interest and penalty where obligation periods have expired. EPCG obligations are added to future export obligation of the EOU.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Conversion of DTA units to export-oriented status requires approval, legal undertaking and bonded licence; pending authorisations managed accordingly.
Conversion of DTA units into EOU/EHTP/STP/BTP requires project approval and Letter of Permission, execution of a Legal Undertaking with the Development Commissioner, and obtaining a private bonded licence from Customs/Central Excise via a B-17 bond. Outstanding advance authorizations require customs stock verification, submission to the Regional Authority for calculation of unfulfilled export obligation within the valid period, RA no-objection endorsement before bond execution, and payment of duties, interest and penalty where obligation periods have expired. EPCG obligations are added to future export obligation of the EOU.
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