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of <h1>Duty-Free Materials in EOUs: Clarification on Use for Manufacturing Capital Goods per SION; Customs Valuation Rules Apply.</h1> The circular addresses the use of duty-free materials for manufacturing capital goods within Export Oriented Units (EOUs) for internal use. It clarifies that raw materials, whether imported or domestically procured, can be used duty-free for manufacturing both finished and capital goods as per standard input-output norms (SION). These capital goods must be accounted for and bonded according to standard procedures, with their value assessed using the computed value method under Customs valuation rules. Such goods are subject to applicable duties if cleared outside the unit or upon exiting the EOU scheme. Exemptions under certain notifications do not apply in these cases.
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