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of <h1>GST Clarifications for EOUs: B-17 Bond Usage, Import Estimates, and Inter-Unit Transfers Explained Under Notification No. 52/2003-Customs.</h1> The circular addresses operational issues faced by Export Oriented Units (EOUs) under the GST regime following amendments to Notification No. 52/2003-Customs. Key clarifications include: EOUs can use the B-17 bond as a continuity bond under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, negating the need for a separate continuity bond. EOUs can submit estimated import quantities and values for periods shorter than a year and update them as needed. Until July 31, 2017, EOUs can choose between Rule 5 procedures or procurement certificates for imports. Inter-unit transfers will be invoiced with GST but exempt from Customs duty, with the recipient unit responsible for any applicable duty on finished goods.
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