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of <h1>Clarification on GST for EOUs: B-17 Bond Valid, Import Info Flexibility, GST on Transfers, No Customs Duty.</h1> The circular addresses operational issues faced by Export Oriented Units (EOUs) under the GST regime following amendments to Notification No. 52/2003-Customs. It clarifies that the B-17 bond suffices as a continuity bond under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017. EOUs can submit estimated import information for periods less than a year and amend it as needed. During the transitional period until July 31, 2017, EOUs can use procurement certificates or follow Rule 5 of the IGCR rules. Inter-unit transfers will require GST payment but not customs duty, with amended procedures for procurement certificates.
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